PETALING JAYA: Xin Hwa Holdings Bhd
’s 79% owned subsidiary, Micron Engineering Metal Sdn Bhd, has entered into sale and purchase agreements with Wiley Development Sdn Bhd, to acquire two units of 1½-storey detached factories in Ulu Tiram, Johor for RM14mil.
In a filing with Bursa Malaysia, Xin Hwa, which is primarily engaged in the provision of management services, said the acquisition was for Micron’s factory capacity expansion.
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