Scientex unit to acquire land in Johor for RM381.43mil

KUALA LUMPUR: Scientex Bhd’s wholly-owned subsidiary Scientex Quatari Sdn Bhd has entered into a conditional sale and purchase agreement with Lee Pineapple Company (Pte) Ltd to acquire 14 parcels of freehold land in Johor for RM381.43 million.

The company said the land, which measures about 141.74 hectares, is surrounded by existing developments such as Sri Pulai Perdana 2 and Bandar Pulai Jaya (to the north), and Bandar Baru Kangkar Pulai (to the northwest), and is located adjacent to its existing projects, namely Taman Pulai Mutiara, Taman Pulai Mutiara 2, and Taman Pulai Duta.