KUALA LUMPUR: Hartalega Holdings Bhd is buying of 250 acres of land in Kubang Pasu, Kedah from Northern Gateway Free Zone Sdn Bhd (NGFZ) to build new factories to expand its glove manufacturing operations.
In a statement to Bursa Malaysia on Wednesday it said the acquisition marks Hartalega’s latest phase of growth, with an investment of RM7bil to build 16 manufacturing facilities over the next 20 years in Northern Corridor Economic Region.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.