Procter & Gamble appoints Kim Teck Cheong as distributor in Sarawak
01 Aug 2016, 06:01 pm
KUALA LUMPUR (Aug 1): Kim Teck Cheong Consolidated Bhd (KTC) has been appointed by Procter & Gamble (M) Sdn Bhd as its distributor in Sarawak, effective Oct 1.
The consumer packaged goods distributor in East Malaysia said its wholly-owned subsidiary, Kim Teck Cheong (Borneo) Sdn Bhd (formerly known as AMDA Marketing (Sabah) Sdn Bhd), has received the appointment letter from Procter & Gamble.
Further details will be announced upon the signing of the distribution agreement at a later stage, it said in a filing today.
KTC shares closed unchanged at 34.5 sen today for a market capitalisation of RM510.28 million.
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