PETALING JAYA: Pasdec Holdings Bhd
is disposing of an industrial piece of land measuring 59.2 acres in Kuantan, Pahang to Petroluxe Refinery (M) Sdn Bhd (PRSB) for RM73.50mil.
In a filing with Bursa Malaysia, Pasdec said the proposed disposal will enable the group to unlock the value of the property, adding that PRSB will build an integrated refinery and petrochemical facilities complex on the land.
