China's Zhuhai CosMX to invest RM1bil in new Malaysia plant

KUALA LUMPUR: China's Zhuhai CosMX Battery Co Ltd will invest 1 billion ringgit ($232 million) to build its first manufacturing plant in Malaysia's Kedah state, the Malaysian Investment Development Authority said on Friday.

Zhuhai CosMX makes consumer lithium-ion battery and power lithium-ion batteries. - Reuters

×
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

China , CosMX Battery , Zhuhai CosMX

   

Report it to us.

Next In Business News
Ringgit likely to continue uptrend next week, trading at 4.28-4.29 against US dollar
China-Malaysia bilateral trade surges to US$117.52bil in first 7 months of 2024
Hype or real business impact?
What next after simmering summer?
Making history or repeating it?
Balancing risk and reward in the new PPP master plan
A ritzy Interval before take-off
Out with the old
Changes needed in nation’s push for net zero
Smooth transition of assets to the next generation

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.