Currently we have almost 500 plus foreign workers. For those approaching 10 years, we are taking steps to mitigate the issues like automation and retraining. For old plant, we are on a lookout for suitable buyer.
Thanks

For post on roimekoi, thank you for the clarification. Yes, EU are protecting their turf similar to the ban on oil palm right now.

For all post related to degradable materials, please be informed that an informal session will be held in Kuala Lumpur. Time and date to be advised. Please be informed if you wish to know more about degradable additives used by SCGM, all of you are invited to attend the INFORMAL SESSION. Strictly NO FOOD served. Subsequent to the event, please be advised that you post factual information about the company.

Hi Mr. Ng, for clarification SCGM do not produce biodegradable plastic. The terminology biodegradable must be from raw materials made of plant or organic base. However, SCGM produces photo and oxo degradable which is still plastic based but with degradable addictives such as OXIUM. We do not have any plans to sign up with franchise operator as the volume is not significant and retailers can purchase directly from our 30 plus distributors around Malaysia.

I cant comment on other shareholders as every shareholders have different portfolio objectives.

In reply to MK Zee Mun Keat,
To answer your question, our strategic alliance with PT Harapan is a good move as local distributors would be able to understand the different cultural needs and wants of the local market. Most containers are developed under the "ECORASA", and since then it has gained traction. We are beginning to the fruit of our effort for the past year. We believe the market will bear even more fruit when we make further inroads to the market.

I am from SCGM Representative. My name is David Cheng. Plastics will not be a sunset industry as the company has recently announced its partnership with PT Harapan Mulia to develop Oxium degradable products for the mass market both domestic and international. SCGM has developed several OXIUM related products during the Sea Games and has continued to do so until today.

As mentioned before, we have just recently completed and commissioned our new plant, in anticipation of new development for a full range of Oxium products as well as moving forward more environment-friendly products. Our recent net loss was attributed to several factors, mainly the finance cost. Most of you are aware that our old plant is not able to expand further due to limitations in size and supply of electricity. A big major expansion is necessary for anticipation for greater growth and bigger market share.

Thank-you.

Hi Mr Lau
I am Dave from SCGM Bhd. Kindly email me at davidcheng@scgmbhd.com
I would like to meet you to discuss and feedbacks our commemt
Thank you