OTHERS SCGM BHD ("SCGM" or "the Company") - SCGM to acquire additional 2 new face mask production machines
SCGM BHD |
Type | Announcement |
Subject | OTHERS |
Description | SCGM BHD ("SCGM" or "the Company") - SCGM to acquire additional 2 new face mask production machines |
Further to the announcement on 30 July 2020, SCGM Bhd ("SCGM" or "the Company") wishes to announce that the Company's wholly-owned subsidiary, Lee Soon Seng Plastic Industries Sdn Bhd, will acquire 2 additional units of new face mask production machines from China for a total cost of approximately RM360,000, to cater for the increasing demand of face masks, in particular for children and students. The two machines are expected to arrive and be installed in the Company's premises in September 2020 to boost the current production capacity. The investment will be financed by internal funds. With this, the Group would have a total of 5 units of face mask production machines. The announcement is dated 13 August 2020. |
Announcement Info
Company Name | SCGM BHD |
Stock Name | SCGM |
Date Announced | 13 Aug 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-30072020-00124 |