Minda Global proposes to buy Cyberjaya land for RM180mil


KUALA LUMPUR: Education services provider Minda Global Bhd, via its wholly-owned unit UOC Sdn Bhd (UOCSB) has proposed to acquire a freehold land measuring 174,461 square feet (sq ft) in Cyberjaya and the buildings erected thereon from Persada Mewah Sdn Bhd for RM180 million.

In a filing with Bursa Malaysia today, Minda Global’s principle adviser Mercury Securities Sdn Bhd said on behalf of the company that the three parties had entered into a conditional sale and purchase agreement (SPA) for the proposed acquisition today.

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