RT Pastry to Buy Industrial Properties in Selangor for RM 22 Million
Bitget2026/10/29 09:11- RT Pastry Holdings agreed on October 29, 2026, to acquire two industrial properties in Selangor for RM 22 million through its subsidiary.
- The factory and adjoining vacant land in Seri Kembangan will be purchased from Koh Lean Chong & Sons.
- Bank borrowings will fund RM 19.8 million of the purchase; internally generated funds will cover RM 2.2 million.
- The properties will support expanded pastry manufacturing and house the group's head office, with an extension estimated at RM 7.2 million.
- Completion is expected in the second quarter of 2027, subject to shareholder approval and other conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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