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.

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Supermax , Maxter

   

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