Johore Tin buys Shah Alam land for RM44.26mil


“Further development on the proposed acquisition would be announced in due course when the SPA is signed, ” said Johore Tin

PETALING JAYA: Johore Tin Bhd has acquired a 29-acre piece of land in Shah Alam, Selangor, from Golden Valley Industries Sdn Bhd (GVI) for RM44.26mil.

In a filing with Bursa Malaysia yesterday, the company said the acquisition was made via its subsidiary, Able Dairies Sdn Bhd (ADSB), which had received a letter of intent for sale from GVI.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

EcoFirst in RM70mil fundraise
OIB�calls off proposed RM280mil acquisitions�
Matang to review CFO suspension amid internal probe
T7 Global bags offshore services deal
Unigel Global eyes ACE Market listing
Farmiera to sell Selangor land for RM5mil
Astro sells, Maxis gains
Alpha IVF expands in Philippines, posts record quarterly revenue of RM52.9mil
Oriental Interest calls off RM280mil acquisition deal
Total RM3.8bil financing approved to benefit about 6,800 SME accounts

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read