Thursday, March 19, 2009

CCM Duopharma defers RM20 million spending

KUALA LUMPUR, March 19 ?CCM Duopharma Biotech Bhd will defer spending RM20 jaring of the approved capital expenditure (capex) of RM75 million for 2008-2010.

In a statement here today, it said this would be done by rescheduling the construction of a new office block and execution of phase three of the haemodialysis and irrigation capacity expansion initiative.

CCM Duopharma said it would proceed with a RM7 million upgrade and remodelling of its small volume injectables (SVI) plant and labuan malaysia it with an inert human vaccines fill and finish facility.

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