Sunzen Biotech aims for RM18mil from Shah Alam property sale

KUALA LUMPUR: Sunzen Biotech Bhd plans to divest its land and factory in Kota Kemuning, Shah Alam, Selangor, with a market value estimated between RM16 million and RM18 million.

Executive chairman Ching Chee Pun said the company aims to raise additional capital to support its subsidiaries' expansion in human health products (Ecolite) and financial services (Finsource Credit).