HeveaBoard unit buys land for RM13.46mil


KUALA LUMPUR: Heveaboard Bhd’s subsidiary, HeveaPac Sdn Bhd, has entered into a sale and purchase agreement with its executive director, Yee Kong Yin, to acquire 3.13 ha leasehold vacant land for RM13.46mil.

In a filing with Bursa Malaysia, HeveaBoard said it would build additional factory premises and production facilities on the land located in Seremban to cater for new projects and increasing demand for its products.

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Business , Heaveboard

   

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