Farm Price to acquire assets for RM4.5mil


PETALING JAYA: Food Life Sdn Bhd, a wholly-owned subsidiary of Farm Price Holdings Bhd, has entered into agreements to acquire assets and a business from Hong Yun Vegetables and Fruits Sdn Bhd, as well as assets from D & D Sinma 8888 Univeg Trading, for a total of RM4.5mil in cash.

The acquisition from Hong Yun, valued at RM3.9mil, includes motor vehicles, equipment and the latter’s wholesale and retail business dealing in groceries, vegetables, fruits, seafood, and frozen foods.

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

Next In Business News

MM Computer moves forward with IPO
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

Others Also Read