MMC sells Senai land


PETALING JAYA: Conglomerate MMC Corp Bhd is selling three parcels of land totalling 188.7 acres in Senai Airport City, Johor, to IPark Development Sdn Bhd for RM370mil.

Proceeds from the sale will help its unit Senai Airport City Sdn Bhd (SACSB) speed up development in the area and pare down group debt.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , MMC , Senai

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