PETALING JAYA: Crescendo Corp Bhd
’s wholly-owned subsidiary, Panoramic Industrial Development Sdn Bhd, has agreed to sell 102,558 sq m of freehold industrial land in Pulai, Johor Baru to Microsoft Payments (M) Sdn Bhd for RM132.47mil or RM120 per sq ft.
In a filing with Bursa Malaysia, Crescendo noted the land was purchased for RM11mil on Dec 14, 2009.
