Maxland unit inks 60-year lease for data centre project in Kulim Hi-Tech Park


KUALA LUMPUR: Maxland Bhd's wholly-owned subsidiary Maxland Data Sdn Bhd has entered into a 60-year lease agreement with Kulim Technology Park Corp Sdn Bhd (KTPC) for the lease of a 4.57-acre industrial tract in Kulim Hi-Tech Park in Kedah for a lease price of RM9.95mil.

In a filing with Bursa Malaysia, the group said the lease term will commence on Dec 15, 2024 and end on Dec 14, 2094, with an option to renew for another 39 years upon mutual written agreement of the parties.

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Maxland , Kulim , data centre

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