F&N to invest over $70m to boost capacity in Malaysia

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ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/F&N-to-invest-over-$70m-to-boost-capacity-in-Malay-30285400.html

A worker prepares to pack Fraser and Neave (F&N) condensed milk at its factory in Pulau Indah outside Kuala Lumpur./The Straits Times

 

Ann Williams
The Straits Times
HOME AEC BUSINESS FRI, 6 MAY, 2016 2:32 AM

SINGAPORE – Fraser and Neave Ltd, through its 55.5-per cent held subsidiary Fraser & Neave Holdings Bhd (F&NHB), will inject over 70 million Singapore dollars in capacity expansion to fuel business growth in Malaysia.

The capital expenditure projects, which include a state-of-the-art aseptic cold-filling polyethylene terephthalate (PET) bottle line, a warehouse facility, as well as an ultra-high temperature processing (UHT) line, will boost F&NHB’s total asset value in Malaysia to RM1.9 billion.

The projects are part of F&NHB’s total S$102 million capital expenditure committee, F&N said in a statement on Thursday (May 5).

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