PETALING JAYA: EP Manufacturing Bhd
(EPMB) is proposing to acquire six pieces of freehold industrial land measuring 75,873 sq m in Alor Gajah, Melaka, from Xepa-Soul Pattinson (M) Sdn Bhd for RM35.12mil.
It said the proposed acquisition is part of its long-term strategy to expand its vehicle assembly and component manufacturing operations by addressing the critical need for increased capacity.
“By establishing a centralised stockyard for finished vehicles and additional warehousing for local content parts, the group is better positioned to meet the escalating volume requirements of our original equipment manufacturer partners while optimising logistical efficiency.”
EPMB said the purchase will be satisfied in cash, funded by a combination of internally generated funds and bank borrowings.
