PETALING JAYA: Hong Leong Investment Bank (HLIB) Research lauds the decision by Evergreen Fibreboard Bhd
to move some of its business to Indonesia.
Close to one fifth of its medium density fibreboard (MDF) manufacturing capacity at Batu Pahat is being relocated to its subsidiary PT Hijau Lestari Fibreboard in Indonesia, in a move that holds distinct advantages on both cost and demand factors, said HLIB Research.
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!
