NexG acquires properties for RM28.5mil


PETALING JAYA: NexG Bhd is acquiring a two storey factory, a three storey office block, a two storey warehouse and a guardhouse in Petaling Jaya, Selangor from Pixio Sdn Bhd for RM28.5mil.

In a filing with Bursa Malaysia, the security-based information and communications technology solutions provider said the acquisition is part of a strategic initiative aimed at enhancing production capacity and efficiency.

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

Next In Business News

NEV sector surging full steam ahead
FBM KLCI dips after five-day rally, poised to end on a weekly gain
Advance estimate puts Malaysia's 4Q GDP at 5.7%
Applications open for Jelawang Capital's next Emerging Fund Managers' programme
Oil flat as chances of US strike on Iran recedes
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
Singapore's December exports rise 6.1% y-o-y, weaker than expected
PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
Bursa Malaysia buoyed by improved investor appetite
IMF's growth forecasts to show resilience to global trade shocks, Georgieva says

Others Also Read