Wednesday, May 21, 2008

GFB ... May 2008

It is investing RM18mil in 2008 to expand its two corrugated packaging materials plants in Vietnam.

The Vietnamese operation was expected to contribute 65% of group revenue this year (2008). The balance 35% would come from its domestic operation compared with about 50% last year (2007).

Golden Frontier planned to list its subsidiary Alcamex Packaging Ltd in Vietnam next year (2009).

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