Unisem acquires lands in Kinta, Perak for RM30.14mil


KUALA LUMPUR: Unisem (M) Bhd has proposed to acquire 38 plots of vacant land covering a total area of 1.88 million square feet in in Kinta, Perak for RM30.14mil cash, or at the rate of RM16 per square foot.

“As the said Lands are located directly behind our existing facility at Gopeng, Perak, the acquisition is to facilitate the future expansion of our semiconductor packaging and test facilities,” Unisem said in a filing with Bursa Malaysia.

It added that the land would be used to support the Gopeng plant in providing additional car park space and hostels for its employees.

“The acquisition will be able to contribute positively to the growth of the group,” it said.

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

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read