SSF Home Group Unit SSF Agrees to Buy Three Selangor Land Parcels for RM 42.47 Million
Bitget2026/10/26 09:41Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SSF Home Group's wholly owned subsidiary SSF agreed to buy three Selangor land parcels for RM 42.47 million.
- The October 26, 2026, agreement with IFFCO Foods covers approximately 52,611 square meters in Pulau Indah.
- The land will house warehouse and distribution facilities for the group's own use, reducing reliance on rented premises.
- Funding will combine internal funds with bank borrowings; the group's pro forma gearing will rise from 0% to 22.14%.
- Completion is expected within four months of signing, subject to regulatory consent to transfer the land.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SSF Home Group Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3718590) on October 26, 2026, and is solely responsible for the information contained therein.
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