KUALA LUMPUR: Plastic injection and moulding company Luster Industries Bhd is investing RM17.85mil for a 51% stake in a property development firm.
In a filing with Bursa Malaysia today, Luster said the target company Jade Classic Sdn Bhd had in November 2017 entered into a joint venture agreement with Compugates Development and Mining Sdn Bhd (CDMSB) to develop 25 hectares of leasehold agricultural land in Sepang, Selangor.
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