Volcano buys land in Penang

PETALING JAYA: Volcano Bhd’s wholly-owned subsidiary Volcano Name Plate Sdn Bhd (VNP) has entered into a term sheet with G2 Gold (M) Sdn Bhd to purchase 43,600 sq ft leasehold industrial land in Bukit Mertajam for RM10.2mil.

The lease is to run for 60 years, expiring on Oct 6, 2054.

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