TTJ acquires property, equipment for RM38m

Singapore

TTJ Holdings' wholly owned indirect unit has inked an agreement to acquire land and assets in Johor and equipment including cranes and a fixed plant for a total of RM38 million (S$12.2 million) from Air Products Specialised Process Equipment Sdn Bhd.

The leasehold land zoned for industrial use is located in Malaysia's southern state of Johor and spans 4.9 hectares. The acquisition will also include two single-storey factories, a double-storey office block and a single-storey canteen that are erected on the land.