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.,,博彩平台网址大全（www.99cx.vip）是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。博彩平台网址大全上博彩平台网址大全登录线路、博彩平台网址大全代理网址更新最快。博彩平台网址大全开放皇冠官方会员注册、皇冠官方代理开户等业务。
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.
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