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Grant for electrical and electronics companies.

Business Times (Malaysia)

| December 04, 2001 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

MALAYSIAN electrical and electronics (E&E) companies are eligible for a grant of up to RM100,000 each to embark on the global supply chain management via the RosettaNet.

Under this arrangement, companies in the E&E sector are able to communicate and conduct business electronically through common codes for sourcing of parts and components.

Minister of International Trade and Industry Datuk Seri Rafidah Aziz said an allocation of RM5 million has been set aside for the grant in 2002 but it is only for companies with 60 per cent Malaysian equity.

Speaking at a monthly meeting with the media yesterday, Rafidah said the grant will cover the cost of buying …

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