EcoWorld to buy 190ha land in Penang for RM1.02bil


GEORGE TOWN: Eco World Development Group Bhd will take up the offer to buy 190.2ha in Batu Kawan from Penang Development Corp (PDC) for RM1.02bil.

PDC is offering the sale of the property to Eco World as the group is the only bidder. It is learnt that PDC will give Eco World the offer letter in two weeks to buy the property at RM50 per sq ft.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , prop

   

Next In Business News

Shedding light on power sector prospects
Building a firm facade
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
EQ expands to Thailand
Capitalising on future trade tariffs
The ringgit recovery

Others Also Read