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KUALA LUMPUR: Consumer packaged goods company Kim Teck Cheong Consolidated Bhd (KTC)’s expansion plans to build two new manufacturing facilities in Kuching, Sarawak and Balikpapan, Indonesia and add more warehouse space and trucks, sweetens the pot for Rakuten Trade, which has tagged a “Buy” call to the company’s shares with a target price of RM0.33.

© New Straits Times Press (M) Bhd

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