
MIDF Research says it views the land acquisition as a positive move as it enables EcoWorld Malaysia to strengthen its presence in Johor.
OF late, the state of Johor has been finding itself increasingly in the spotlight as talks of the establishment of a Johor-Singapore Special Economic Zone (JS-SEZ) gain more solid footing.
A memorandum of understanding was inked between Malaysia and Singapore on Jan 11 for the JS-SEZ and a full-fledged agreement is expected to be signed by the end of this year.
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