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Published: Thursday March 7, 2013 MYT 3:27:00 PM

PPB Group plans RM592m capex over next 2 years

By Yvonne Tan


KUALA LUMPUR: PPB Group Bhd has committed to spend up to RM592mil over the next two years to expand its various businesses.

The businesses would include grains trading, flour and feed milling, property, waste management and film exhibition and distribution.

Most of the capex would be to invest in flour mills in China as well in other countries with high population like Vietnam and Indonesia.

The group also intends to invest in three new cinemas with a total of 28 new screens this year, said its managing director Lim Soon Huat.

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