KUALA LUMPUR: OKA Corp Bhd's subsidiary Oka Concrete Industries Sdn Bhd has inked a deal to acquire a tract of vacant land in Mukim Senai in Kulai, Johor, for RM14.24mil.
In its filing with Bursa Malaysia, the manufacturer of pre-cast concrete products said the land measures 3.5764ha and is adjacent to the present Oka Concrete Industries factory in Senai.
It named the vendors of the land as Hoe Siew Meng and Hoe Teck How.,
,telegram中文群组导航（www.tel8.vip）是一个Telegram群组分享平台，telegram中文群组导航包括telegram中文群组导航、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram中文群组导航为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
The group said the property will be used by Oka Concrete Industries for the expansion of its operations in anticipation of future business growth in the southern region.
"The proximity of the property to the existing operations was a factor in the decision to acquire the property in preference to alternative sites," it said.
The proposed acquisition is proposed to be funded by internally generated funds and/or bank borrowings of Oka Concrete Industries.