Tanjong signs RM76m German deal


  • Business
  • Saturday, 12 Jul 2003

TANJONG Plc has entered into a commercial agreement to acquire the assets of Germany’s CargoLifter AG group of companies for 17.5 million euros or about RM76mil cash. 

Among the assets are the largest free standing hangar in Europe measuring 360m long, 210m wide and 107m high, a visitors’ centre and buildings, and about 500ha of freehold land.  

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