KUALA LUMPUR: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has allocated RM614 milion as capital expenditure for 2011 to be used for a new plant and to launch a new model.
Its managing director Datuk Aminar Rashid Salleh said on Wednesday, Jan 12 that of the RM614 million, Perodua would allocate RM250 million for a new plant to build electronic automatic transmission parts.
He said of the capex, Perodua would invest between RM250 million to RM300 million to build a new model this year.
Aminar said Perodua targeted to sell 195,000 units this year compared with 188,600 units in 2010.
He said the capex would be financed from Perodua's own funds.
The company started operations in 1994 and the Perodua Kancil was introduced to the Malaysian market in August the same year.
In March 1996, the Perodua Rusa rolled off its production line; Kembara (August 1998); Kenari (June 2000); Kelisa (August 2001); Myvi (May 2005); Viva (May 2007); Nautica 4WD (May 2008) and the Alza (November 2009).
Its managing director Datuk Aminar Rashid Salleh said on Wednesday, Jan 12 that of the RM614 million, Perodua would allocate RM250 million for a new plant to build electronic automatic transmission parts.
He said of the capex, Perodua would invest between RM250 million to RM300 million to build a new model this year.
Aminar said Perodua targeted to sell 195,000 units this year compared with 188,600 units in 2010.
He said the capex would be financed from Perodua's own funds.
The company started operations in 1994 and the Perodua Kancil was introduced to the Malaysian market in August the same year.
In March 1996, the Perodua Rusa rolled off its production line; Kembara (August 1998); Kenari (June 2000); Kelisa (August 2001); Myvi (May 2005); Viva (May 2007); Nautica 4WD (May 2008) and the Alza (November 2009).
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