In its exchange filing, the technology company said its wholly owned subsidiary ViTrox Technologies Sdn Bhd had entered into a sale and purchase agreement with the Penang Development Corp for the proposed acquisition.
PETALING JAYA: Vitrox Corp Bhd
has proposed to acquire a 21.03-acre parcel of land in Batu Kawan Industrial Park in Penang for RM48.3mil as part of its 10-year expansion master plan scheduled to be fully completed by 2030.
In its exchange filing, the technology company said its wholly owned subsidiary ViTrox Technologies Sdn Bhd had entered into a sale and purchase agreement with the Penang Development Corp for the proposed acquisition.
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