The packaging manufacturer and property developer said the proposed acquisition would expand its landbank in the state to 523 acres and enable to the group to increase its affordable home offerings there.
PETALING JAYA: Scientex Bhd
has proposed to acquire 343 acres of freehold agriculture land in North Seberang Perai, Penang, for RM246.7mil via its subsidiaries for mixed-property development.
The packaging manufacturer and property developer said the proposed acquisition would expand its landbank in the state to 523 acres and enable to the group to increase its affordable home offerings there.
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