KUALA LUMPUR: Kossan Rubber Industries Bhd
is selling a vacant piece of freehold industrial land in Kuala Langat, Selangor to a pulp and paper manufacturer for RM147.7mil cash.
The glove maker said proceeds from the proposed disposal will be utilised to hasten the development of its land in Bidor, Perak, where the company is planning to consolidate and centralise all its future business expansion programme.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
