Kim Teck Cheong plans RM30m Gardenia bakery plant in Sarawak expansion

PETALING JAYA (July 14): Kim Teck Cheong Consolidated Bhd has entered into a memorandum of understanding (MOU) with Sanjung Etika Sdn Bhd, a wholly-owned subsidiary of Yayasan Sarawak, to establish a joint venture (JV) company that will build and operate a bakery manufacturing facility in Kuching for the production, packaging and distribution of Gardenia bakery products in Sarawak, according to a Bursa Malaysia filing yesterday In earlier disclosures, KTC said it plans to invest RM30 million in the bakery manufacturing plant on a 7.

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