KUALA LUMPUR: Mestron Holdings Bhd is expected to invest up to RM20mil in its tie-up with China-based Zhongyu Yexing (Chengdu) Industrial Co., Ltd to distribute the Covid-19 vaccine in Malaysia.
In a statement on Friday, Mestron said the RM20mil will be financed via its own funds, bank loans and proceeds from a private placement.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!