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RT Pastry in RM22mil land acquisition
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PETALING JAYA: RT Pastry Holdings Bhd is proposing to acquire two industrial land parcels in Seri Kembangan, Selangor, from Koh Lean Chong & Sons (M) Sdn Bhd for RM22mil

The properties comprise an industrial land parcel with a single-storey detached factory and three-storey office annex, as well as an adjacent vacant industrial land parcel.

In a filing with Bursa Malaysia, the company said the proposed acquisition forms part of the company’s future plans and business strategies to cater to the growth of their business moving forward.

“The larger manufacturing area will allow the group to optimise its workflow and improve employee productivity through a more comfortable working environment, as well as to accommodate new machinery,” it said.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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