PETALING JAYA: BWYS Group Bhd is acquiring a parcel of freehold industrial land measuring 28.919 acres in Kuala Langat, Selangor from Compass IP Sdn Bhd for RM94.48mil.
In a filing with Bursa Malaysia, the sheet metal products manufacturer said the acquisition is to cater to (wholly-owned subsidiary) BW Scaffold Industries Sdn Bhd’s future operational expansion. BWYS said the new land is larger than the existing property that BW Scaffold is currently operating at.
