Frontken to buy property in Taiwan for RM53mil

KUALA LUMPUR: Frontken Corp Bhd has entered into a sale and purchase agreement with MH GOPOWER Co Ltd for the acquisition of a building in Kaohsiung, Taiwan for NT$367.5mil (RM53.29mil).

In a filing with Bursa Malaysia Tuesday, Frontken said its 91.25% owned subsidiary Ares Green Technology Corp (AGTC) entered into the agreement with MH for the proposed acquisition.