# EPB Group subsidiary buys industrial land in Penang for RM22.49 million

Easy Pack Machinery Sdn Bhd, a subsidiary of EPB Group Bhd, signed an agreement to acquire industrial land in Penang Science Park North for RM22.49 million to build factories, offices, and warehouses for food processing and packaging machinery production.

- Type: Investment
- Announced: 2024-09-23
- Where: Plot P23B, Penang Science Park North, Penang, Malaysia
- Value: $4.80M (22.5M MYR)
- Status: announced
- Products: food processing solutions, packaging machinery
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [EPB Group Bhd](https://endata.com/companies/79977.md)
- [Easy Pack Machinery Sdn Bhd](https://endata.com/companies/79978.md)
- [Penang Development Corporation](https://endata.com/companies/30291.md) (partner)

## Sources

- [malaysianewsgazette.com](https://www.malaysianewsgazette.com/epb-group-to-buy-industrial-land-for-rm22-49-mln/), 2024-09-23: "We will demonstrate a new level of operational efficiency by integrating our new corporate office, factory and warehouse into a single location."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.