Widad buys into firm with concession for UiTM campus

PETALING JAYA: Widad Group Bhd is buying Serendah Heights Sdn Bhd whose unit YBK Usahasama Sdn Bhd has a concession with the government and Universiti Teknoloji Mara (ÜiTM) to develop the facilities and maintain the UiTM campus in Jasin, Melaka.

According to Widad, Serendah Heights owns 100% of YBK which has a remaining concession of 14 years ending 2034, totalling RM861.60mil.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Subscribe

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Subscribe

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Subscribe
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!

Widad , UiTM , campus , Jasin , Melaka , Widad Serendah Heights , Jacobs , YBK , purchase ,

   

Report it to us.

Next In Business News
Chin Chee Seong elected SME Association national president
Finding 'humanity' in finance
Oil posts big weekly drop after US jobs data
Investors with Australian property: Beware TAX
Malaysia can lead EV charge
Getting a good price for your home
Investing amid shifting expectations
Economic proxy play
Putting money on the banks
Higher credit score, better mortgage options

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.