Frontken unit wins RM118mil Tainan industrial property tender

Frontken Corporation's subsidiary Ares Green Technology Corporation won a public tender for an industrial property in Tainan Xinying Industrial Zone, Taiwan, for NT$920 million (about RM118.16 million). The site, roughly 950 metres from AGTC's existing P1 facility, covers 16,172 sq m of land with seven factory buildings and a solar PV system. Frontken said the purchase supports AGTC's long-term capacity expansion.