Senheng acquires central distribution centre in Klang, Selangor for RM75.8mil cash

KUALA LUMPUR: Senheng New Retail Bhd has proposed to acquire land together with the buildings erected, which is currently being used as a central distribution centre (CDC) for RM75.8mil cash.

In a filing with Bursa Malaysian, Senheng said its wholly owned subsidiary, Senheng Electric (KL) Sdn Bhd (Senheng KL) entered into a sale and purchase agreement with SDM Assets III Sdn Bhd for the proposed acquisition.