In a statement, SK Group said that in January 2021, SK Nexilis announced a capital expenditure of RM2.3bil to set up a copper foil manufacturing facility in Sabah, which will be part of SK Group’s electric vehicle (EV) value chain.
KUALA LUMPUR: SK Group, South Korea’s second-largest conglomerate, has committed over US$700mil (RM2.9bil) worth of investments in Malaysia in 2021, and intends to increase its investments in the country.
In a statement, it said that in January 2021, SK Nexilis announced a capital expenditure of RM2.3bil to set up a copper foil manufacturing facility in Sabah, which will be part of SK Group’s electric vehicle (EV) value chain.
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