Notably, last week, KUB completed the disposal of its fast-food restaurant A&W Malaysia for RM34mil, after two years of discussions. For the proposed acquisition, KUB said it would be satisfied by cash from internally generated funds.
PETALING JAYA: KUB Malaysia Bhd
has bought 7.66 acres of leasehold land in Klang for RM25mil.
In a filing with Bursa Malaysia yesterday, the company said its subsidiary had entered into a sale and purchase agreement with Universal Lubricants Factory Zinol (M) Sdn Bhd for the land acquisition.
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