Tien Wah to close printing business in Malaysia
KUALA LUMPUR (July 20): Following the closure of British American Tobacco Group's factory in Petaling Jaya, Tien Wah Press Holdings Bhd is planning to stop its printing business in the country held under its wholly-owned subsidiary, Tien Wah Press (Malaya) Sdn Bhd (TWPM).
"Following the cessation of its major customer's operation in Malaysia and [its] subsequent shifts in production facilities to Singapore, Korea and Indonesia, the group acknowledged that there is no requirement for duplication of printing base in Malaysia.
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