Kawan Food Bhd has cancelled its plan to buy five parcels of land measuring 7.08 acres in Shah Alam, Selangor for RM50.46 million, as the vendor who was in the midst of acquiring two of the plots from Perbadanan Kemajuan Negeri Selangor (PKNS) had failed to get PKNS' agreement to sell the plots.
Kawan Food is a Malaysia-based food processing company that owns and operates brands that manufacture and sell food items such as flatbreads, pastries, seafood, and desserts.