Following on from my comment "Have you factored in the tax...

Following on from my comment "Have you factored in the tax breaks for production in Malaysia?"

I could have sworn I read notes about incentives reported by the company for production facilities based in Malaysia... However, I have just run my eyes back over the last few reports/presentations and I can not seem to find these statements anymore... ??

Either I am getting mixed up with another company I am invested in or I'm going senile...


I did run my eyes over this quite encouraging statement again though (dated 9th December 2019):

Ongoing Developments:
 Several bioplastic resin qualification trials are progressing and are expected to lead to
further orders as plastic converters move to switch production to bioplastics to supply
customer demands. Some of these trials, if successful will include applications for
major international brands;
 SECOS is in discussion with a number of Australian brands who are signatories to the
Australian Packaging Covenant (APCO) and National Packaging Targets. These
targets require companies to change any single-use plastic packaging to either 100%
reusable, recyclable or compostable packaging by 2025.
 The development of a new compostable cast film application is progressing well and
will expand opportunities into the hygiene market such as diapers, pads and medical
film and flow wrap applications;
 Continued investment in R&D to develop new resin and film grades aimed at catering
for emerging market demands for bioplastic applications; and
 Investment in Courier bag production assets underway with trials for compostable
courier bags progressing to final stage development.

Do Your Own Research.