Monday, 6 October 2014

Signature inks land deal

PETALING JAYA: Signature International Bhd’s wholly owned subsidiary Signature Realty Sdn Bhd has entered into a conditional sale and purchase agreement (SPA) for the proposed acquisition of five parcels of land for about RM50.78mil.

The SPA was with Lembaga Tabung Haji and THP Enstek Development Sdn Bhd. The five parcels, measuring 38.86 acres, are located in Negri Sembilan.

The land is meant for a new manufacturing facility that is intended to be larger and more comprehensive than Signature’s existing facility.

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