It will invest RM20 million to plant oil palms in Central Kalimantan at the end of the year. It is part of the company's strategies to diversify its revenue base and produce enough palm oil for its own use in the future.
Mamee achieved a revenue of RM411.6 million last year, up 3.7 per cent from 2008. After-tax profit surged 88.1 per cent to RM44.4 million.
Mamee has added two more products to its range: Mister Rice Crisps and Indonesia Instant Fried Noodle. The former is free of monosodium glutamate. The latter, made in Indonesia through contract manufacturing, is aimed at meeting growing demand, especially from the younger generation and Indonesians.
17 hours ago
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