PETALING JAYA: Topmix Bhd is proposing to acquire two pieces of freehold vacant lands in Johor Baru, Johor, totalling 10,117 sq metres from Kesas Kenangan Sdn Bhd for a combined amount worth RM18.97mil.

In a filing with Bursa Malaysia, the decorative surface solutions provider said the proposed acquisitions are in line with the group’s long-term strategic plan to expand its operational capacity and enhance its manufacturing and warehouse infrastructure.