Malakoff Corporation Berhad has acquired a parcel leasehold industrial land erected with 2 single-storey detached factory and warehouses located at Kawasan Perindustrian Bandar Sultan Sulaiman for consideration of RM25M on 15 July 2021.
Buyer : Alam Flora Environmental Services Sdn Bhd
Seller : News Strait Times Press (M) Bhd
Legal description : PT 237 HS(D) 116410
Land : 251,552 sf (5.77 acres)
Built-up area= 138,582sf
Leasehold : 30/6/2105
The land is situated adjacent to Northport (M) Berhad, Westport Malaysia Sdn Bhd and anticipated future development of Pulau Carey Port.
The proposed acquisition would enable the proposed development of the recovery facility as an off-site facility to handle various types of waste and to expand its environmental business segment in line with its strategic plan.
Source : Bursa Annoucement