CYL Corp to diversify into property


PETALING JAYA: Plastic packaging manufacturer and supplier CYL Corp Bhd is proposing to diversify its business to include property development.

In a filing with Bursa Malaysia, CYL said the property development business is to be undertaken through CYL Group’s wholly-owned subsidiary, CYL Land Sdn Bhd, by undertaking a property development project on vacant freehold industrial land measuring 1.28 acres near the group’s main factory.

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