KUALA LUMPUR (May 8): Hartalega Holdings Bhd is decommissioning its Bestari Jaya production facility, taking off four production plants with 40 production lines from its capacity by year end. “Given the competitive business environment, the company is of the view that it is more strategic and viable in the long term to consolidate operations at the NGC facility,” it said. “Ultimately, this will lay the groundwork to enhance cost optimisation and strengthen operational efficiencies, leveraging the higher line speed and technological advancements at our NGC facility,” he said. "As part of our ongoing improvement efforts, we may make adjustments to our production capacity and workforce as necessary. Read also:Impairment from Bestari Jaya plant decommissioning sees Hartalega closing FY2023 with RM218m net loss


Source:   The Edge Markets
May 09, 2023 18:15 UTC