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 Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

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

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , MMC , Senai

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read