AYS unit acquires land to expand warehouse capacity


AYS said the land is part of the K International Industrial Park in Kapar that is being developed by GVISB, and will be acquired free from encumbrances with approved zoning from residential development to industrial development.

KUALA LUMPUR: AYS Ventures Bhd’s wholly-owned subsidiary, Ann Yak Siong Hardware Sdn Bhd (AYSH), is acquiring 9.51ha in Klang, Selangor, from Golden Valley Industries Sdn Bhd (GVISB) for RM43mil.

AYS said the land is part of the K International Industrial Park in Kapar that is being developed by GVISB, and will be acquired free from encumbrances with approved zoning from residential development to industrial development.

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!

AYS Industries Corp , land , warehouse , Kapar ,

   

Next In Business News

CCK Consolidated declares special dividend of 5.0 sen
Santa Claus rally extends on Bursa Malaysia
Alibaba, E-Mart to create US$4bil e-commerce JV in Korea
Oil prices inch up on hopes for more China stimulus
Gold gains on geopolitical turmoil; Fed, Trump's 2025 policies in focus
EPF ceases to be substantial shareholder in YTL Power after share disposal
World bank raises China's GDP forecast for 2024, 2025
Asian currencies struggle, stocks mostly lower amid Fed rate outlook concerns
Property sector showing signs of bottoming out
Bank Islam surpasses RM4bil green financing target, well ahead of 2025 goal

Others Also Read