Marie biscuits maker Lee Biscuits shutters Johor factory after 92 years
- JOHOR: Longstanding biscuit maker Lee Biscuits will shutter its factory in Pontian, Johor, at the end of October, Malaysian media reported on Thursday (Oct 22).
- According to the New Straits Times, the closure is part of a restructuring exercise by its parent group, which is reportedly exiting snack manufacturing to consolidate its assets and focus on its core holdings, which include rubber and palm oil operations.
- Suppliers and customers began receiving notices regarding the halt in production last month.
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- JOHOR: Longstanding biscuit maker Lee Biscuits will shutter its factory in Pontian, Johor, at the end of October, Malaysian media reported on Thursday (Oct 22).
- According to the New Straits Times, the closure is part of a restructuring exercise by its parent group, which is reportedly exiting snack manufacturing to consolidate its assets and focus on its core holdings, which include rubber and palm oil operations.
- Suppliers and customers began receiving notices regarding the halt in production last month.
Sources: CNA