Tuesday, April 19, 2011

BAT Malaysia to boost contract manufacturing

KUALA LUMPUR: British American Tobacco (Malaysia) Bhd plans to double its contract manufacturing operations and expect revenue contribution to double from 3%-5% to 6%-10%.

BAT said on Tuesday, April 19 the plan was to increase exports to Japan and the Australasia region.

It might raise RM15 million to RM20 million from selling machines which it no longer required due to the government's requirement on the number of cigarette sticks per packet.

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