Seacera ties up with Vizione

In a filing with Bursa Malaysia yesterday, Seacera, which is principally involved in the manufacturing and trading of ceramic tiles, said VBSB will place orders with Seacera for the building materials which would be based on the prevailing market price.

PETALING JAYA: Seacera Group Bhd has entered into a supply agreement with Vizione Builders Sdn Bhd (VBSB) to provide building materials worth RM300mil for more than three years.

In a filing with Bursa Malaysia yesterday, Seacera, which is principally involved in the manufacturing and trading of ceramic tiles, said VBSB will place orders with Seacera for the building materials which would be based on the prevailing market price.

“Meanwhile, Seacera would have to ensure the delivery of building materials is done within 14 working days. Seacera would also be paid with a deposit of RM5mil within 14 working days from the date of the supply agreement, ” it said.

Seacera said the supply agreement is a sign of trust from its customers, given its track record to deliver. “We’re positive that this agreement would help in the group’s process to turnaround, ” it said.