Get quick appointment for technical support – BOOK AN APPOINTMENT
ISO 9001 : 2015 Certified

HELP CENTER
+60 16 419 1352





HELP CENTER
+60 18 249 4680
Get quick appointment for technical support
BOOK AN APPOINTMENT
![]()
![]()
+60 16 419 1352
ISO 9001 : 2015 Certified
BWYS unit buys Kuala Langat
industrial land for RM95mil


KUALA LUMPUR: BWYS Group Bhd’s wholly owned subsidiary BW Scaffold Industries Sdn Bhd has entered into a sale and purchase agreement with Compass IP Sdn Bhd to acquire a parcel of freehold industrial land in Kuala Langat, Selangor, for a cash consideration of RM94.48 million.
In a filing with Bursa Malaysia today, the steel manufacturer said the acquisition aims to support BWSI’s future operational expansion.
“The group intends to construct a new factory comprising factory buildings, warehouses and centralised labour quarters, and is expected to increase the operational capacity of the group.
“The construction of the new factory is estimated to commence in the second quarter of 2026,” it said.
BWYS said the acquisition will be funded through the proceeds from the proposed disposal of another property and bank borrowings.
“The board is of the view that the proposed land acquisition will contribute positively to the financial and operational growth of the group in the future,” it said.
The group said the acquisition is subject to approvals from the shareholders of BWYS at a forthcoming extraordinary general meeting and from relevant authorities or parties.
“Barring any unforeseen circumstances and subject to the relevant approvals being obtained, the proposed land acquisition is expected to be completed in the first quarter of 2026,” it added. – Bernama


BWYS Group is principally involved in manufacturing of sheet metal products and supply of scaffoldings.
CONTACT INFO
1571, Jalan Serunai
Kawasan Perindustrian Valdor
14200 Sungai Bakap
Seberang Perai Selatan
Penang Malaysia
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()


BWYS Group is principally involved in manufacturing of sheet metal products and supply of scaffoldings.
CONTACT INFO
1571, Jalan Serunai
Kawasan Perindustrian Valdor
14200 Sungai Bakap
Seberang Perai Selatan
Penang Malaysia
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
Copyright 2024 © BWYS GROUP . All Rights Reserved. Powered by Dot Connect
Copyright 2024 © BWYS GROUP .
All Rights Reserved.
Powered by Dot Connect