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- The plots, measuring 1.88 million sq ft, are located directly behind its existing facility in Gopeng.
KUALA LUMPUR (June 21): Unisem (M) Bhd (KL:UNISEM) is buying 38 plots of land in Gopeng, Perak for RM30.14 million, cash, to expand its semiconductor packaging and test facilities.
The plots, measuring 1.88 million sq ft, are located directly behind its existing facility in Gopeng.
The semiconductor company signed a sales and purchase agreement on Friday with the vendors, Sungai Raya Development Sdn Bhd, Poh Yoke Lan and Low Yoon Chin, to purchase the plots, according to its bourse filing.
“The said lands will also be used to support the Gopeng plant in providing for additional car park space and hostels for employees of the company,” said Unisem, adding the acquisition will contribute positively to the company’s growth.
It expects the acquisition to be completed in three to six months.
Unisem shares closed four sen or 0.96% higher at RM4.21 on Friday, giving the company a market capitalisation of RM6.82 billion. Year-to-date, the counter has risen over 27%.
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