PETALING JAYA: Kim Teck Cheong Consolidated Bhd
(KTC) is acquiring four parcels of land totalling approximately 15 acres within the Kota Kinabalu Industrial Park in Sabah from KKIP Sdn Bhd for RM39.59mil.
In a filing with Bursa Malaysia, KTC, a provider of market access and coverage of consumer-packaged goods, said the proposed transaction is in line with the company’s strategy to strengthen and expand its distribution and logistics capabilities to support future growth.
