Genetec Technology to build ammonia in India
Published on: Wednesday, January 31, 2018
Kuala Lumpur: Genetec Technology Bhd has entered into a Memorandum of Understanding with three companies to build an ammonia and urea manufacturing plant in Andhra Pradesh, India.In filing to Bursa Malaysia on Tuesday, the company said the partnership involved the Malay Chamber of Commerce Malaysia, China Rainbow International Investment Co Ltd, and VBC Fertilizers & Chemicals Ltd.Stay up-to-date by following Daily Express’s Telegram channel.
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The MoU will not have any material effect on the earnings per share, net assets per share, and gearing of the company, it added. – Bernama
