KUALA LUMPUR: SDS Group Bhd
’s (SDSG) wholly owned subsidiary London Bakery Sdn Bhd has acquired 14.32 hectares in Tebrau, Johor for RM101.7 million cash.
In a filing with Bursa Malaysia, the investment holding company primarily involved in the manufacturing and retailing of bakery products said the proposed acquisition is in line with SDSG and its subsidiaries’ long-term strategy to expand its production capacity and strengthen its earnings base and market positioning.
