Food manufacturer Federal Oat Mills (FOM) Sdn Bhd has launched its RM135mil state-of-the-art facility, which can process 60,000 metric tonnes of oats annually, at Penang Science Park in Simpang Ampat.
GEORGE TOWN, Feb 22 The Penang state government launched its fourth seed fund of RM1 million for technology start-ups today. Penang Chief Minister Chow Kon Yeow announced the launch of Penang i4.0 Seed Fund Stream #4 today which is aimed at supporting early-stage start-ups. “The Penang i4.0.
GEORGE TOWN, Jan 9 Penang’s approved manufacturing investment for 2021 was expected to exceed the state’s all-time high of RM17 billion recorded in 2019, despite being clouded by the repercussions of the pandemic as investors remain confident of the state’s ability to navigate the.
Three large local companies (LLCs) in the equipment manufacturing supply chain are expanding their respective footprints in the Batu Kawan Industrial Park, with total investments of RM520 million for their expansion projects.
GEORGE TOWN: InvestPenang and HSBC Bank Malaysia Bhd (HSBC) have inked a memorandum of understanding (MoU) to focus on bringing high-quality foreign direct investments into Penang and Malaysia, while tapping into each party’s comparative advantage as leverage.