Monday, March 14, 2011

Cocoaland unit buys land in Rawang for RM7.85m

KUALA LUMPUR: COCOALAND HOLDINGS BHD []'s unit CCL Food & Beverage Sdn Bhd has acquired two pieces of freehold industrial lands for RM7.85 million as part of its expansion plan.

Cocoaland said on Monday, March 14 that CCL Food had entered into a sale and purchase agreement with Riviera PROPERTIES [] Sdn Bhd to acquire the lands located in Rawang measuring a total of 10,563 square metres.

'The land is acquired for building factory and warehouse to further expand the business of Cocoaland group,' it said.

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