EI Power plans RM17.2mil Selangor buy


EI Power said the proposed acquisition will provide the group with additional office and warehouse capacity.

PETALING JAYA: EI Power Bhd is proposing to acquire a piece of freehold land in Shah Alam, Selangor, measuring 1,495.09 sq m, together with a two-and-a-half storey semi-detached factory erected thereon, from Elitesoft Asia Sdn Bhd for RM17.2mil.

In a filing with Bursa Malaysia, EI Power said the proposed acquisition will provide the group with additional office and warehouse capacity to accommodate its growing workforce, storage requirements and operational activities, while catering for its evolving business needs.

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