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The integrated complex will be developed on a 262,230-square-foot parcel of land in Batu Berendam, Melaka, with a built-up area of at least 100,000 square feet, comprising storage facilities, a product showroom, food processing centre, product development facilities and administrative offices.
Guan Huat Seng Holdings Bhd has allocated 40 per cent of the proceeds from its initial public offering (IPO) to finance the construction of a new Integrated Complex in Melaka, as part of its strategy to strengthen operational capacity and support the group’s long-term growth.
