GEORGE TOWN: Plastic packaging maker SLP Resources Bhd
has RM77mil in net cash, sufficient for the group to use as working capital and maintain operations for 24 months should the global pandemic worsen.
Group managing director Kelvin Khaw told StarBiz that as of March 31, its cash reserves stood at around RM77mil.
“We expect the sum to increase by a high single-digit percentage before the year ends, as the sales figure for the second half looks set to improve over that of the first half.
...