Tiong Nam to acquire land from Senai Airport

KUALA LUMPUR (Bernama) -- Tiong Nam Logistics Holdings Bhd's unit, Tiong Nam Logistics Solutions Sdn Bhd (TNLS), has signed two sale and purchase agreements with Senai Airport City Sdn Bhd to acquire two plots of vacant land for RM136.4 million.

In a filing with Bursa Malaysia today, Tiong Nam said the land spanning some 20.23 hectares is located within the Free Commercial Zone in Senai Airport City in Johor Bahru, Johor.

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