Share
PETALING JAYA: Hwa Tai Industries Bhd has entered into a conditional sale and purchase agreement on April 30 with Maple Synergy Sdn Bhd for the purchase of a 1-storey factory-cum-warehouse in Tongkang Pecah Industrial Estate, Batu Pahat, Johor, for a total consideration of RM1.08 million.
In a filing to Bursa Malaysia on April 30, Hwa Tai said the property would be used as additional factory and warehouse space as part of the continuous business expansion plans of the Hwa Tai Group.
“In addition, the property is located opposite Hwa Tai’s existing main factory in Batu Pahat, Johor, making the proposed purchase a synergistic exercise,” it said.
Hwa Tai is currently renting the property from the Vendor for warehousing purposes, at a monthly rate RM5,500. The tenancy is set to expire at the end of June 2010.
The property is currently charged to Malayan Banking Bhd as security for banking facilities granted to Maple Synergy.TOP PICKS BY EDGEPROP
HUGE LAND! HUGE POTENTIAL!!!
Kota Damansara, Selangor
Nilai Town / KLIA - 4R5B Landed
Nilai, Negeri Sembilan
Seksyen 14, Petaling Jaya
Petaling Jaya, Selangor
SOLARIS & PUBLIKA (HIGH RENTAL YIELD)
Mont Kiara, Kuala Lumpur
Residential Suites @ M City
Ampang, Kuala Lumpur
Jalan Setia Utama U13/37M
Setia Alam/Alam Nusantara, Selangor
Semi detached house for rent in Damansara Utama
Petaling Jaya, Selangor
Double Storey Bungalow in Janda Baik
Bentong, Pahang
Bungaraya Kondominium, Saujana Subang
Saujana, Selangor
Freehold 2 Storey Landed @ Salak Perdana
Dengkil, Selangor
PJCT INDUSTRIAL ZONE TERRACE FACTORY
Petaling Jaya, Selangor
Taman Bukit Serdang
Seri Kembangan, Selangor
SOLARIS & PUBLIKA DUPLEX LAYOUT (Ready 2020)
Dutamas, Kuala Lumpur
KEPONG NEW LAUNCH (Next To KTM, MRT & Shopping Mal
Batu , Kuala Lumpur
FREEHOLD 2.5-Storey Bungalow in Putrajaya
Putrajaya, Putrajaya
Three Storey Bungalow with Lakeview in Putrajaya
Putrajaya, Putrajaya
DO MORE WITH EDGEPROP.MY
-
Read newsRead the latest news and in-depth coverage of Malaysian property - what's hot, what's not and more
-
Search listingsFind residential or commercial properties for sale, rental and auction by licensed agents
-
Search new projectsCheck out over 200 new project launches and offers by developers in Klang Valley and other locations
-
Get property market insightsGet your personalized property report (including estimated home value) and find past transacted data
-
Get home design ideasZING.my can help you get started on your renovation project. Find hundreds of design portfolios by professionals in Malaysia
-
Partner with usAre you a real estate agent or home professional? List your properties or portfolio with us for free and get quality leads.
