KUALA LUMPUR (Aug 20): Mah Sing Group Bhd has agreed to dispose of a piece of land in Sepang, Selangor, for RM617.86 million cash, to data centre developer company WG Malaysia X Sdn Bhd.
In a bourse filing, Mah Sing said its unit Southville City Sdn Bhd has signed a sale and purchase agreement with WG Malaysia, a wholly owned subsidiary of an international digital infrastructure group, for the disposal on Thursday.
The purchaser intends to use the 78.8-acre land, currently vacant, for data centre-related development.
Source: The Edge