Malaysia: BAT Announces 20 sen Increase on Cigarette Prices

Source from:  New Straits Times (my)  10/22/2012

British American Tobacco Malaysia (BAT Malaysia) has announced a 20 sen increase on the prices of all its cigarette packs effective Monday, Oct 22, 2012. "We were officially informed by the Royal Malaysian Customs on Thursday, Oct 18, 2012, of a mandated uplift in the ex-factory pricing of our cigarettes of between 26 per cent to 58 per cent effective Friday, Oct 19, 2012.

"The consequence is that excise and sales tax payable has increased," said William Toh, Managing Director, BAT Malaysia, in a statement. The new cigarette prices, effective Monday, Oct 22, 2012, are as follows:- DUNHILL range RM10.20 KENT range RM10.20 PETER STUYVESANT range RM8.70 PALL MALL range RM8.70 PALL MALL Plain RM10.60 BENSON & HEDGES RM10.20 LUCKY STRIKE PLAIN RM10.60 ROTHMANS INTERNATIONAL RM10.60 BAT Malaysia is part of the British American Tobacco group, which is the world's most international tobacco group and the second largest stock market listed tobacco group by global market share. Enditem