Eupe Corp to acquire freehold tract in Kedah for RM40mil

KUALA LUMPUR: Eupe Corp Bhd's sub-unit Eupe Land Development Sdn Bhd has signed a sales and purchase agreement for a parcel of vacant freehold land in Bandar Amanjaya in Kuala Muda, Kedah, for RM40mil cash.

In a bourse filing, the group said the 54.73-acre tract was acquired from Sing Ta Nian Development Sdn Bhd, which has also signed on to be its joint venture partner in developing the land into a mixed-used development.