Menang inks agreement to develop wellness park


KUALA LUMPUR: Menang Corp Bhd is exploring a collaboration with Alpro Alliance Sdn Bhd to develop a health and wellness park in Menang Park, Seremban 3, in Negeri Sembilan.

In a filing with Bursa Malaysia, the group said the parties would jointly develop 25.8 acres or any other commercially desirable acreage of Alpro's land into a health and wellness park.

Under the terms of the agreement, Alpro, which is principally involved in pharmaceutical products, will support facilities on the development including an ambulatory care centre, fertility centre, maternity and confinement centre, postpartum care centre, assisted senior living centre and rehabilitation facilities.

Alpro would also be responsible for incorporating leisure facilities, adventure trails and flora and fauna within the development.

According to Menang, the proposed collaboration is part of the company’s strategic expansion into the healthcare industry, aiming to diversify its business activities.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Menang , Alpro , wellness , property , development

   

Next In Business News

CelcomDigi ready to complete share subscription agreement with MoF Inc and DNB
Press Metal unit to acquire Hong Kong firm stake via share swap
U Mobile ready to build second 5G network upon completion of SSA process with DNB
FSBM Holdings out of PN17
Ringgit retreats to end marginally lower against US$
WCT unit bags expressway lane expansion contract worth RM249.74mil
Fire incident at Hextar Healthcare's Bercham factory
SIDC launches new certification programme in sustainable responsible investment
Hengyuan announces unplanned shutdown of LRCCU unit
Exim Bank, ICBC Malaysia ink MoU to jointly promote use of Chinese yuan

Others Also Read