KIB buys industrial land in Johor


PETALING JAYA: Karyon Industries Bhd (KIB) is proposing to acquire a piece of freehold industrial land measuring 3,842 sq m in Johor Baru from Premetal Stamping Ind Sdn Bhd for RM7.6mil.

In a filing with Bursa Malaysia, the chemical industry firm said the proposed acquisition represented an opportunity to acquire further space in the vicinity of its existing factories to increase its existing storage capacity.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

KIB , industrialland , JohorBaru

   

Next In Business News

Bursa Carbon Exchange holds country's first nature-based carbon credit auction
Affin Bank inks MoU to bolster SME growth in Sarawak
Capital A's passenger volume rises 11% in 2Q
SCIB secures RM162mil contract for civil servant housing programme in Perak
Ringgit strengthens further vs US$, touching 4.66
Bursa Malaysia stages mild pullback, CI down 0.37%
Nestle Malaysia posts lower 1H sales on cautious consumer spending
Aneka Jaringan returns to the black in 3Q
Betamek registers higher net profit of RM4.88mil in 1Q
IGB REIT records net profit of RM81.55mil, distributable income of 2.56/unit

Others Also Read