Ta Win buys land and factory buildings in Port Klang for RM35mil

KUALA LUMPUR (Bernama) -- Ta Win Holdings Bhd’s wholly-owned subsidiary, Ta Win Innotech Sdn Bhd, has entered into a conditional sale and purchase agreement with BRB Properties Sdn Bhd to acquire a leasehold industrial land in West Port, Port Klang, Selangor together with factory buildings on the land for a total cash consideration of RM35 million.

Ta Win said with a land area totalling approximately 1.61 hectares and a total built-up area of 1.393 hectares, the proposed acquisition would enable the company to triple its total production capacity over the medium to long term, catering for the expected long-term demand growth for copper rods and wires.