Supermax unit to acquire land for RM73.49mil


KUALA LUMPUR: Supermax Bhd's unit Maxter Glove Manufacturing Sdn Bhd is acquiring two tracts of land measuring about 216,142 sq ft for the construction of its operations headquarters for RM73.49mil cash.

The group said in a filing that Maxter had entered a sales and purchase agreement with Bandar Setia Alam Sdn Bhd to acquire the freehold land, and that it will be funded via internally generated funds and bank borrowings.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Supermax , Maxter

   

Next In Business News

Oil prices edge down on rising U.S. fuel inventories
Unit price index of steel down 0.1% to 4.6% in Dec 2024 - DoSM
T7 Global unit secures services contract from Hibiscus Oil
Yinson Production's Atlanta FPSO achieves first oil
FBM KLCI sustains losses amid growing inflation fears
CPO prices to remain elevated in 1Q25
REIT share run-up prompts selective picking
Dividend outlook remains bright for banking sector
China's consumer inflation slows as demand weakens
Ringgit flat against greenback in early trade

Others Also Read