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PGF Capital Bhd is buying land in Kulim, Kedah for RM40 million to develop a factory that will more than triple its annual insulation production capacity to 85,000 metric tonnes by 2028, with a total capex of RM200 million.
“We are excited about the prospects this land offers, given its large acreage, which is sufficient to cater to our expansion needs for the next five years.”pgfcapital.com.my
Summarized from public sources; check the original articles before acting on it.