MQ Tech's subsidiary to acquire land in Melaka worth RM19.5mil

KUALA LUMPUR: MQ Technology Bhd’s (MQ Tech) wholly-owned subsidiary, Star Acres Sdn Bhd (SASB), has entered into a conditional sale and purchase agreement with Cash Support Sdn Bhd (CSSB) to acquire part of leasehold land in Klebang, Melaka worth up to RM19.5 million.

In a filing with Bursa Malaysia today, it said the 2.89 hectares of land is located approximately 10 kilometres (km) northwest of the Melaka city centre.