Engtex buys land for RM21m

KUALA LUMPUR: Engtex Group Bhd bought three pieces of freehold land totalling 54 acres from Gadang Properties Sdn Bhd for RM21 million, it announced on Thursday, Feb 17.

The lands are located in the area of Kuang, and are just a short drive from Bukit Rahman Putra-Sungai Buloh and Rawang.

The group states that the rationale for the purchase is to centralise its manufacturing and warehousing operations into a one-stop integrated industrial park  located close to its existing distribution centre and head office in Bukit Rahman Putra. This will also cater for future expansion and business opportunity, it adds.

Engtex is an investment holding company that engages in the wholesale and distribution of pipes, valves, fittings, plumbing materials, steel related products, general hardware products, engineering tools, and construction materials primarily in Malaysia.