Ipmuda sells PJ property to Kerjaya Prospek, eyes expansion into renewable energy and healthcare businesses


KUALA LUMPUR: Ipmuda Bhd is planning to dispose its industrial property in Petaling Jaya and sell new shares to investors, as the building material supplier seeks to raise funds for proposed purchase of a 30-bed hospital in KL, a solar farm in Kedah and small hydro energy projects in Sabah.

The total value of the targeted assets was RM192mil.

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!
Ipmuda , solar , healthcare

Next In Business News

Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Malaysia clinches RM1.8bil sales at Gulfood 2026
Steel Hawk unit secures PETRONAS deal
One Credit debuts smart fintech system
Dividend yield catalyst for CelcomDigi re-rating
HIB acquires 51% stake in Woodpeckers
Dialog enters recovery year driven by midstream recurring income
OGX launches IPO ahead of ACE Market listing
Critical Holdings wins RM35mil design contract
Rousing outlook for Heineken in FY26

Others Also Read