BUKIT MERTAJAM, Dec 19 (Bernama) — Chin Well Holdings Bhd, the largest carbon steel fastener manufacturer in Malaysia, has allocated RM10 million as capital expenditure for the 2014 fiscal year to enhance its fastener production capacity.
Its Managing Director Tsai Yung Chuan said the group expects brighter prospects next year following the economic recovery in Europe and the United States (US).
He said there were indications of the recovery as the Group recorded increased sales orders from Europe in recent months. (…)
via BERNAMA – Chin Well Allocates RM10 Mlillion Capex For FY14.