Teo Seng acquires land in Johor for RM23.6mil

PETALING JAYA: Teo Seng Capital Bhd is acquiring eight parcels of land measuring 104.87 acres of land at Yong Peng, Johor, from Lim Kim Yam & Sons Sdn Bhd and Lim Thiam Hooi for RM23.6mil.

In a filing with Bursa Malaysia, Teo Seng said the land is ideally located in Yong Peng and within a short distance from the existing farming facilities, feedmill operation and other business units of the company.