Kumpulan Jetson to sell land for RM35mil

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

PETALING JAYA: 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 RM35mil 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 yesterday.