PETALING JAYA: Kimlun Corp Bhd
’s wholly-owned subsidiary, Kitaran Lintas Sdn Bhd has entered into a sale and purchase agreement with KT Techpark Sdn Bhd for the disposal of 29 freehold land lots measuring 56.51 hectares in Kota Tinggi, Johor.
In a filing to Bursa Malaysia, the construction group said the deal was for a cash consideration of RM55mil, while the audited net book value of the land was RM34.38mil as at December 31, 2023.
