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Tuesday, December 17, 2013

Inari to allocate RM40mil for capex

Source: http://www.thestar.com.my/Business/Business-News/2013/12/17/Inari-to-allocate-RM40mil-for-capex.aspx

KUALA LUMPUR: Inari Amertron Bhd will allocate between RM35mil and RM40mil in capital expenditure (capex) in its financial year 2014 to increase its existing capacity by another 20%.
Executive vice chairman Dr Tan Seng Chuan said the expansion was in line with the improving external demand for smartphone devices and fibre-optic products and services for the year ahead.
The company has five existing manufacturing plants in Bayan Lepas, Penang, one in Iskandar Johor, two in the Philippines and one in China. — Bernama

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