EG Industries expands Thailand footprint with RM6.1mil land deal


EG Industries Group CEO Datuk Alex Kang

KUALA LUMPUR: EG Industries Bhd’s wholly-owned subsidiary, SMT Industries Co., Ltd. (SMTI), has proposed to acquire a piece of freehold industrial land in Prachinburi, Thailand, for RM6.1mil.

In a filing with Bursa Malaysia, EG said the land, measuring about 4.95 acres and located at 304 Industrial Park, Prachinburi, will be used to build a single-storey manufacturing facility.

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