NCT Group inks JDA to develop 127-acre commercial and industrial land at Delapan SBEZ in Kedah
This will be NCT Group’s second industrial park development project.
This will be NCT Group’s second industrial park development project.
Eupe Corp, which is planning to finance the consideration through internal funds and borrowings, said the proposed acquisition aligns with the group’s expansion objective and growth strategy by adding suitable land to its land bank, and expanding its property development portfolio to increase income.
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Spanning 25,083 square meters, the facility, which began operations in October 2023, manufactures cable tie products.
Under the two-year MOU, Menang and Alpro will jointly develop the Alpro healthcare facility land into a health and wellness park, while Alpro will support the related healthcare facilities, including ambulatory care centre and rehabilitation facilities.
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Shahnaz will be replacing Ramanathan Rajoo, who will transition into the role of a special adviser to MBSB.
The legal action was initiated by Kumpulan Jetson last December after the group turned down the requisition notice on the grounds that the 10 shareholders did not collectively hold at least 10% of the group's shares on the day of the request.