FoundPac to make RM25.5m land purchase to boost production capacity
The land will be used as FoundPac Tech's new manufacturing facility, as it is less than a kilometre away from the unit's existing manufacturing facilities.
The land will be used as FoundPac Tech's new manufacturing facility, as it is less than a kilometre away from the unit's existing manufacturing facilities.
“Digital technologies are taking the world by storm, and have undoubtedly reshaped the way we do business.
To ensure sustainable growth of the construction industry, MBAM president Oliver Wee Hiang Chyn hopes the government will use its development budget to boost the adoption of the Industrialised Building System (IBS) and implement planned public projects, such as affordable housing.
The JV will construct the warehouse according to the tenants’ specifications.
Swift Haulage said the exercise provides an opportunity to unlock and realise the value of the property, which represents part of its non-core assets, whilst providing a surplus cash flow arising from the sale of the property.
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