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Capacity expansion for Cnergen - The Group’s expansion began with the acquisition of leasehold land at Penang Science Park North from the Penang Development Corporation for RM3.15 million, with vacant possession delivered in January 2023. We are currently finalizing building plans and obtaining the necessary permissions for our upcoming 130,000-square-foot integrated facility. This new
plant, which is expected to be operational by the second half of 2027 following a schedule update, will serve as a cornerstone for our future initiatives
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