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Wednesday, September 14, 2011

Wang-Zheng unit to buy land for RM18.5m

WANG-ZHENG Bhd (WZB) says wholly-owned subsidiary New Top Win Corp Sdn Bhd has proposed to buy an industrial land for RM18.5 million from Klang Hock Polystyrene Industries Sdn Bhd.

The 2.7ha leasehold land is located in Pelabuhan Klang, Selangor.

WZB told Bursa Malaysia that the property will be held by New Top as an investment property to be leased out.

By Business Times

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