Thursday July 5, 2012
NTPM takes lease on Vietnamese land
KUALA LUMPUR: NTPM Holdings Bhd, through NTPM (Singapore) Pte Ltd, has taken on lease for 43 years a piece of land in Vietnam Singapore Industrial Park (VSIP) II in Vietnam for US$4.95mil cash or about RM15.642mil.
The land, measuring about 100,000 square metres, was leased to NTPM by Vietnam Singapore Industrial Park JV Co Ltd, after a letter of confirmation was inked yesterday. - Bernama