Paragon Globe to acquire freehold land in Johor Bahru for RM34.96mil


KUALA LUMPUR: Paragon Globe Bhd (PGB) has proposed to acquire two parcels of freehold land in Plentong, Johor Bahru, Johor for RM34.96 million.

In a filing with Bursa Malaysia, PGB said its wholly-owned subsidiary, Paragon Business Hub Sdn Bhd, today signed a conditional sale and purchase agreement (SPA) with EKL Holdings Sdn Bhd for the acquisition of the proposed Lands D, measuring 4.48 hectares (ha) and 3.33ha respectively.

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

Next In Business News

Reading the market signals
Urban harmony: Can stakeholders row together?
Breathing new life into forgotten spaces
FROM BANGSAR TO BEYOND
Asia to lead next AI wave
Luxury real estate trends in 2026
China’s gold rush continues
SC Estate Builder’s hotel acquisition under scrutiny
Department stores bet on experiences
Jakarta set to rise

Others Also Read