Kumpulan Jetson's unit to sell industrial land with factory for RM35mil cash

KUALA LUMPUR: Kumpulan Jetson Bhd’s (KJB) wholly owned subsidiary Jetson Development (Asia) Sdn Bhd is disposing of a piece of freehold industrial land in Selangor together with a factory complex built on it for RM35 million in cash.

Following the proposed disposal, Jetson Development has signed a conditional sale and purchase agreement with TYH Management Sdn Bhd, KJB said in a filing with Bursa Malaysia today.