MINHO (M) Bhd’s 51 per cent owned subsidiary, My Squares Development Sdn Bhd (MSDSB), has agreed to buy a plot of freehold industrial land in Klang, Selangor, from a related party, Minho Kilning (Klang) Sdn Bhd, for RM13.4 million.
MSDSB wants to develop the land with its 49 per cent major shareholder, Pembinaan Infra E&J Sdn Bhd (E&J), which will be the main contractor for the project.
By Business Times
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