PETALING JAYA: Xin Synergy Group Bhd (XSGB) has entered into a conditional share sale and purchase agreement with Harvest Capital Development Sdn Bhd and Big Land Capital Sdn Bhd to acquire the entire equity interest in Johor-based developer Medini Marina Sdn Bhd (MMSB) for RM18.24mil.
In a filing with Bursa Malaysia, XSGB said MMSB is the registered proprietor and beneficial owner of 203 plots of residential terraced lots and 36 plots of residential semi-detached lots within Kluang, Johor.
