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

Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer
Infoline Tec subsidiary to purchase RM18.6mil factory buildings
PMW International ties up with STIDC for new Sarawak manufacturing facility
LSH unit secures Kuantan road upgrade contract
AIBIM: Islamic banking industry remains resilient amid Middle East uncertainties
Ringgit rises to 3.97 against US dollar at the close as US-Iran reaches ceasefire deal
Inta Bina bags RM32mil construction job
MNC Wireless to fund digital push with rights issue

Others Also Read