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

Oil ends week lower on China demand fears
Undoing the 5G monopoly
KL Metro to build RM1.6bil five-star resort in PD
Picking up speed
PETRONAS reaches FID on Pengerang biorefinery
Market bulls looking for new technology leaders
China to resort to consumer stimulus
GAMUDA AI ACADEMY SET TO BE GAME-CHANGER
ESG reporting standards must be elevated
Fed rate-cut outlook limits forex volatility

Others Also Read