PTT Synergy proposes acquisition of Klang factory for RM12.26mil

KUALA LUMPUR: PTT Synergy Group Bhd's wholly owned sub-subsidiary PTT Assets Sdn Bhd has inked a sale and purchase agreement with Sime Darby Property (Bukit Raja) Sdn Bhd to acquire a 4,987sqm tract with a double-storey detached factory in Kapar in Klang, Selangor, for RM12.26mil.

In a filing with Bursa Malaysia, PTT Synergy said the purchase consideration will be fully satisfied via cash, comprising of internally generated funds and borrowings.