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.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
KBJ , land , disposal , factory

Next In Business News

SC signs IOSCO EMMoU to strengthen market integrity,�safeguard investor interests
MN Holdings wins RM37.9mil waste-to-energy project
Ringgit ends firmer against greenback as US inflation, treasury yields ease
VSTECS optimistic after 24% 1Q25 profit growth
Sunway REIT posts 20% NPI growth in 1Q25
Keyfield Offshore and ETSA sign MoU to explore marine services in Indonesia
FBM KLCI rebounds, closes higher amid regional gains
Burberry to cut about 20% of global workforce in turnaround drive
Singapore's Changi Airport starts building fifth terminal after pandemic pause
Economists: Malaysia should leverage US-China tariff pause to reposition itself

Others Also Read