PETALING JAYA: YBS International Bhd
is proposing to acquire a piece of land measuring approximately 8,088 sq m in Perai, Penang from Premium Starhill Sdn Bhd for RM23.5mil.
In a filing with Bursa Malaysia, YBS said the land has a 5,558.21 sq m factory building erected on it.
“The proposed acquisition is driven by increased customer demand evidencing the group’s commitment to scaling its operations in line with market needs.
“This also represents a strategic move for YBS Group, as the property is close to the group’s existing plant sites and supply chain network.”
YBS said the proximity of the land enhances accessibility and facilitates more effective management oversight, supporting the expansion of the group’s business and operational activities.
