PETALING JAYA: Scientex Bhd
is proposing to acquire 14 parcels of freehold land in Johor Baru, Johor for RM381.4mil, to be built into a mixed-property development project.
In a filing with Bursa Malaysia, the packaging manufacturer and property developer said the deal was carried out by its wholly-owned subsidiary, Scientex Quatari Sdn Bhd, with Lee Pineapple Co (Pte) Ltd, a Singaporean investment holding and oil palm planting company.
