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Salcon is targeting to increase production capacity at JR Engineering by adding 12 new production lines, bringing total to 16 lines, with an estimated capital expenditure of RM150 million.
Salcon Bhd is acquiring 51% equity in glove manufacturer JR Engineering and Medical Technologies for RM28.56 million, with a profit guarantee of RM10 million per annum for 2021-2023.
| Site | Largest | Latest |
|---|---|---|
| Zurah Industrial, Malaysia | $36.0M | 2020-11-12 |