The acquisition will result in cost savings arising from rental and logistics expenses.
PETALING JAYA: Oriental Kopi Holdings Bhd
is proposing to acquire a parcel of leasehold land measuring 5,260.8 sq m in Kuala Langat, Selangor, from Icon Facade Sdn Bhd for RM23mil.
In a filing with Bursa Malaysia, the food and beverage firm said the property on the land is currently rented by Oriental Kopi as its head office and warehousing facility.
