KUCHING: Hock Seng Lee Bhd (HSL) will buy industrial land in Bandar Baru Tanjung Manis in Mukah Division for RM9.5mil to diversify into ship fabrication, maintenance and repair services. The company accepted the offer to acquire the 19.6ha from landowner Sarawak Timber Industry Development Corp (STIDC) at a ceremony witnessed by Sarawak Chief Minister Tan Sri Abdul Taib Mahmud on Saturday. Tanjung Manis, which is located within the newly launched Sarawak Corridor of Renewable Energy, has been identified as a key shipbuilding hub. Read more
(The Star 19-2-2008)
