Axtron-KY's Subsidiary PCL INTERNATIONAL TECHNOLOGIES (PENANG) SDN. BHD. Announces Board Resolution to Purchase Factory Building
NQ Score
71/100
AI Summary (NQ-processed)
PCL INTERNATIONAL TECHNOLOGIES (PENANG) SDN. BHD., a subsidiary of Axtron-KY, resolved to purchase a factory building and land in Penang, Malaysia, for MYR68,580,000.00. The acquisition includes 4.21 acres of land and a 183,246.34 square feet building from Foong Chi Mould Industries Sdn. Bhd. The purpose is to acquire its own factory for operational production.
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Frequently Asked Questions
- Q: Where did Axtron-KY's subsidiary purchase the factory?
- A: The factory was purchased in Taman Perindustrian Batu Kawan, 14100 Bandar Cassia, Pulau Pinang, Malaysia.
- Q: What is the size of the land and building purchased?
- A: The land is 4.21 acres and the building is 183,246.34 square feet.