KUALA LUMPUR, Aug 19 (Bernama) -- KPS Consortium Bhd, through its subsidiary KPS Plywood Sdn Bhd, has entered into a sale and purchase agreement with Pelangi Technowood Sdn Bhd.
In a filing with Bursa Malaysia today, KPS Consortium said the agreement is for the acquisition of a leasehold land measuring approximately 16,363 square feet, including a single factory located in Klang, Selangor.
The total purchase price for the property is RM30 million.
"The acquisition is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders' direct or indirect shareholdings of KPSCB for the financial year ending Dec 31, 2025," it said.
-- BERNAMA
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
