Tashin signs Penang land deal

In a statement, Tashin said the deal with CSC Steel Holdings Bhd is for two contiguous pieces of industrial land and buildings comprising a four-storey office, one-storey production and a guard house measuring 6.47 acres and four acres respectively. (File pic Tashin in Prai.)

KUALA LUMPUR: Tashin Holdings Bhd is buying two pieces of land and buildings next to its factory in Perai, Penang for RM43.5mil in order to increase its production capacity to process slit coils, steel sheets and steel products.

In a statement, Tashin said the deal with CSC Steel Holdings Bhd is for two contiguous pieces of industrial land and buildings comprising a four-storey office, one-storey production and a guard house measuring 6.47 acres and four acres respectively. The land and buildings have a 60-year lease.