CYL Corporation Berhad Announces Relinquishion of Tan Sri Abu Talib Bin Othman as Non Independent and Non Executive Member of Remuneration Committee

CYL Corporation Berhad is an investment holding company. The Company, through its subsidiary, Perusahaan Jaya Plastik (M) Sdn. Bhd. (PJP) is engaged in the business of manufacturing and supplying plastic packaging products in Malaysia. PJP uses molding technology, namely blow molding, injection molding and injection blow molding processes catering to the consumer toiletries and detergent, automotive lubricant, pharmaceutical and food industries. PJP also provides services, such as silk screen printing, bottle labelling and shrink tunnel sleeving. Its products include bottles for automotive lubricants, bottles for consumer toiletries, bottles for consumer detergent, injection caps for general industries, tubs and lids for the food industry and eyedroppers for the pharmaceutical industry. Its injection molding plastic products consist mainly of caps for bottle packaging, plastic covers for food processing industries and injection molded products for specialized packaging industries.