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3M Malaysia plans to reinvest in Malaysia

3M Malaysia plans to reinvest in Malaysia
3M Malaysia Sdn Bhd intends to reinvest in Malaysia following a 3.3% growth the company achieved across the APAC region Q4 2013. The growth allowed the company to offer the biggest dividend since 1948. A combination of a stable, business-friendly market environment, the Malaysian government's pro-business initi
3M Malaysia Sdn Bhd intends to reinvest in Malaysia following a 3.3% growth the company achieved across the APAC region Q4 2013.

The growth allowed the company to offer the biggest dividend since 1948.

A combination of a stable, business-friendly market environment, the Malaysian government's pro-business initiatives and a strong base of talented human capital resources also led to the company's decision to expand its operations in Malaysia.

The Malaysian government's focus towards developing research and development and adopting green technology alternatives also served as a catalyst for the identification and implementation of efficient and sustainable technologies, the company said in a statement.

Meanwhile, Hideo Yamazaki has been appointed the company's managing director, effective February 1, 2014, succeeding Michael Wu, who is currently the MD at 3M Taiwan.

3M Malaysia offers innovative products and services in electronics and energy, healthcare, industrial safety and graphic designs.
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