PETALING JAYA: P.A. Resources Bhd is proposing to acquire two parcels of industrial land in Pekan Batang Berjuntai, Selangor, from Niken Steel (M) Sdn Bhd for RM21mil.
In a filing with Bursa Malaysia, it said the acquisition of the land, totalling 18 acres, will be funded via internal generated funds and bank borrowings.