KUALA LUMPUR: Mah Sing Group Bhd and Kuala Lumpur Kepong Bhd’s (KLK) subsidiary KLK Land Sdn Bhd have formed a strategic joint venture to acquire and develop a 419.15-acre tract of freehold industrial land in Kulai, Johor, within the Johor-Singapore Special Economic Zone (JS-SEZ).
According to a joint statement from the developers, the site, which was acquired for RM274mil, is a part of KLK Land’s 2,500 acres in Kulai that have been earmarked for phased development under a master-planned industrial township.
Source: The Star