PETALING JAYA: Luxchem Corp Bhd
is acquiring three pieces of freehold industrial land measuring 24,206 sq metres in Bandar Bukit Raja Industrial Park, Selangor, from Sime Darby Property (Bukit Raja) Sdn Bhd for RM40.55mil.
In a filing with Bursa Malaysia, the plastics material and resin manufacturing company said the proposed acquisition is in line with the group’s capital optimisation strategy and prudent cash management approach.
