INS Bioscience Bhd (INSBIO) through its subsidiary, Easy Pha-Max Marketing Sdn Bhd (EPMM), has entered into an agreement with Flora Development Sdn Bhd to acquire a four storey shop office for RM5.45 million.The property, located in Bandar Puteri Puchong, will be used to accommodate anticipated future growth in business for EPMM, the company said in a filing to Bursa Malaysia yesterday.EPMM is principally involved in general trading, export, import of household and office equipment.“This acquisition will result in rental savings and the benefit of acquiring a readily available property will outweigh the longer time needed to construct a shop lot,” it said. - Bernama
(New Straits Times 4-3-2008)
