Annica Holdings Limited (SG:5AL) has released an update.
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Annica Holdings Limited has addressed queries regarding the operational and financial aspects of its subsidiary, Panah Jaya Makmur Sdn Bhd’s (PJM) new facility. The new space, which is four times larger than its previous facilities, has a utilisation rate of 60-65% for its training, workshop, and warehouse areas in the first quarter of 2024, a move driven by increased demand and revenue from PLIDCO products in FY2023.
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