Peterlabs buys land for RM7.4mil


PETALING JAYA: Peterlabs Holdings Bhd is acquiring 2.7 acres of land in Seremban, Negri Sembilan from N9 Matrix Development Sdn Bhd for RM7.4mil.

In a filing with Bursa Malaysia, Peterlabs said the acquisition represents a good opportunity to invest and own the property for the long term benefit and interest of the group.

“The group has no plans on the usage nor to rent out the property to any third parties at the juncture.”

In a separate announcement, Peterlabs said it had entered into a research agreement or RA with XMU Jiageng Education Development Sdn Bhd to profile the chemical constituents of naturally derived premixes and to characterise the antioxidant and antimicrobial profiles of naturally derived premixes in vitro.

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

Next In Business News

Skydecks: More than just a million-dollar view
Keeping housing�construction�costs on track
What�old homes�got right�
ASIA’S AI INVESTMENT POTENTIAL
Saving Australia’s bookshops
AI turns to green bonds
Asean equities in stronger investment phase�
Stratus’ blockbuster debut: Fundamentals or Fomo?
Moving away from PPPs
Millionaires’ playground goes tech

Others Also Read