EcoWorld Malaysia inks sale of industrial land to Microsoft for RM402.3mil


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KUALA LUMPUR: Eco World Development Group Bhd has via its subsidiary struck a deal to dispose of 123.141 acres of industrial land in Eco Business Park VI in Kulai, Iskandar Malaysia, to Microsoft Payments (Malaysia) Bhd for RM402.3mil cash.

The disposal consideration is calculated based on the area of the land at an agreed rate of RM75 psf, it said in a filing with Bursa Malaysia.

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EcoWorld , Eco Business Park , sale , Microsoft

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