KUALA LUMPUR: Matrix Concepts Bhd has received the nod from shareholders for the proposed acquisition of new land in Negeri Sembilan and a joint venture to develop the land, along with the provision of financial assistance.
The property developer said it secured its shareholders' approval at the annual general meeting on Wednesday for its subsidiary N9 Matrix Development Sdn Bhd to acquire a 1,382-acre tract in the Malaysian Vision Valley 2.0 development corridor for RM460mil.
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