AME Elite shareholders approve Selangor expansion with KLK Land


KUALA LUMPUR: AME Elite Consortium Bhd’s shareholders have approved all resolutions at today’s extraordinary general meeting, clearing the way for a joint venture with KLK Land Sdn Bhd, a wholly-owned subsidiary of Kuala Lumpur Kepong Bhd, to develop a 151.2-acre premier industrial park in Ijok, Selangor.

AME Elite and KLKL will carry out the development through their joint venture entity, Central Gateway Development Sdn Bhd (CGDSB), owned 60% by AME Elite’s subsidiary AME Industrial Park Sdn Bhd (AMEIP) and 40% by KLKL.

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