KUALA LUMPUR – VS Industry has entered into agreements to acquire six tracts of land with industrial buildings in Malaysia for RM 98.8 million (US$24 million).

The sites measure a combined 413,681 sq. ft. and will increase the company’s production capacity for future expansion purposes, including opportunities that arise from the US-China trade tension.

“Notwithstanding the recent wins, VS Industry remains busy in negotiations with prospective customers and continues to pursue sales leads arising from the trade dispute,” the firm said.