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Wednesday November 1, 11:54 AM

Malaysia's Tomei to Make Jewellery in Vietnam

KUALA LUMPUR, Nov 1 Asia Pulse - Tomei Consolidated Berhad (KLSE:7230) on Tuesday said its subsidiary, Tomei Gold & Jewellery Holdings (M) Sdn Bhd, has been granted an investment certificate to establish a 100 per cent foreign-owned enterprise in Vietnam.

Known as Cong Ty Trach Nhiem Huu Han Tomei Vietnam, the enterprise will be involved in the manufacturing of gold and various types of jewellery, it said in a statement to Bursa Malaysia.

The total investment capital is US$100,000 and the project has a 25-year operational term.

ASIA PULSE

 


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