Ajinomoto plans to build plant in Bandar Baru Enstek

The acquisition price of RM86.08mil was decided after taking into consideration market value of the land of RM41 per sq ft, as indicated by an independent registered valuer. (File picture )

PETALING JAYA: Food seasoning company Ajinomoto (M) Bhd plans to develop a manufacturing plant in Bandar Baru Enstek, Negri Sembilan upon completion of the land acquisition in the area for RM86.08mil cash.

In a filing with Bursa Malaysia, the company said it has entered into a sale and purchase agreement with Lembaga Tabung Haji and THP Enstek Development Sdn Bhd, to acquire a 2.03 million sq ft freehold land in Bandar Baru Enstek.