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.
Nga is Member of Parliament for Teluk Intan, Perak.
In a bourse filing on Friday (Dec 2), the property developer said the group’s indirect wholly-owned subsidiary, Symphony Hills Sdn Bhd, entered into three sale and purchase agreements with Sunsuria’s 65%-owned subsidiary, Tapah Land Development Sdn Bhd, for the disposals.
The 17 lots of land are located in Mukim Batang Padang and Mukim Bidor.
"The group is undergoing a transition phase as we focus on our efforts to address the PN17 status.
Located in Asrama Murni in Jelapang, near Ipoh, the pilot project is a public-private partnership in which Advancecon will contribute the necessary technical expertise to reduce the risk of CLQ implementation.
YLI said the two pieces of land have a combined size of 4.
Sime Darby Property said the acquisition is in line with the group's journey under the SHIFT25 strategy to transform from a pure play property developer into a real estate company by broadening and diversifying income streams.
Prior to holding the CFO position at S P Setia, Annuar Marzuki Abdul Aziz, 52, was CFO and chief investment officer of KLCC Property Holdings Bhd.
Ireka said the dispute is related to a JV agreement dated Dec 31, 2009, entered between the company, ASPL M9 Ltd, and Urban DNA Sdn Bhd (UDNA) with the primary objective of overseeing the development of the RuMa project.