KUALA LUMPUR: DXN Holdings Bhd

has secured a 60-year lease for industrial land in Kedah to develop a new mega manufacturing facility aimed at strengthening its global supply chain.

The manufacturer of nutraceutical products said in a statement its wholly owned unit, DXN Industries (M) Sdn Bhd, entered into the agreement with Perbadanan Kemajuan Negeri Kedah for five parcels of land in Bukit Kayu Hitam, covering about 1.2 million sq ft, for RM27.8mil.