VS Industry to acquire Johor land for RM98.77mil


KUALA LUMPUR: VS Industry Bhd has entered into sale and purchase and construction agreements with Ipark Development Sdn Bhd to acquire six tracts of land with industrial buildings in Johor Bahru and Kulai for RM98.77mil.

Ipark Development is an 80%-owned subsidiary of AME Integrated Sdn Bhd, which in turn is 99.9% owned by AME Elite Consortium Bhd, according to VS Industry's filing with Bursa Malaysia.

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