◂ Announcements

Apr 28, 2017INVESTMENTKawasan Industri Terpadu Indonesia China, West Java, Indonesia

SMIS Corp to buy land in West Java for factory expansion

SMIS Corp Bhd is acquiring a 16,186 sq m parcel of land in Kawasan Industri Terpadu Indonesia China, West Java, for 36.5 billion rupiah (RM11.94 million) to construct factories for manufacturing original equipment and auto carpet parts.

Value

$2.74M (36.5B IDR)

Status

Announced

Productsoriginal equipment partsauto carpet parts

CompaniesSMIS Corp PT Grand Ventures Hartamas PT Kawasan Industri Terpadu Indonesia China supplier

Sectors#Automotive Components

“The group has decided to own the land and factory as opposed to rental”klsescreener.com

1 source
klsescreener.comSMIS to buy West Java factory land for its expansion into Indonesia | KLSE ScreenerApr 28, 2017

Summarized from public sources; check the original articles before acting on it.

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