Kelington enters into lease agreement with Terengganu State Government


Kelington Group CEO Raymond Gan

PETALING JAYA: Kelington Group Bhd, via its 90.71% owned subsidiary, Ace Gases Sdn Bhd, has entered into an agreement with Terengganu State Economic Development Corp to lease a parcel of land measuring 130,678.86 sq feet in Kerteh, Terengganu.

Under the agreement, the group will lease this parcel of land for an initial term of 30 years, with a further 30-year extension option (30+30), starting from Feb 1, 2024 to Jan 31, 2084.

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Kelington , Raymond Gan , LCO2

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