PETALING JAYA: Cash-rich Comfort Gloves Bhd plans to acquire a loss-making company with 15.18 acres of landbank in Muar, Johor, for the purpose of real estate investments.
The glove maker told Bursa Malaysia that it is buying the entire equity interest in Goldhill Melody Sdn Bhd for RM25.75mil, following the signing of a conditional share purchase agreement yesterday.
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