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Careplus seals deal to buy land in Negri

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Careplus seals deal to buy land in Negri

Post by hlk Wed 03 Aug 2011, 07:57

GLOVE manufacturer Careplus Group Bhd’s wholly-owned unit Careplus (M) Sdn Bhd has sealed a conditional sale and purchase agreement with Kim Fashion Knitwear (M) Sdn Bhd to buy a parcel of leasehold land in Seremban, Negri Sembilan, for RM9.5 million cash.

In a filing to Bursa Malaysia yesterday, Careplus said the acquisition is in line with its plan to expand its existing factory in Nilai to meet demand of its glove products and house its headquarters.

hlk: Moderator; Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
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