Crescendo sells Johor industrial land for RM263.2mil


KUALA LUMPUR: Crescendo Corporation Bhd’s wholly-owned subsidiary, Crescendo Development Sdn Bhd (CDSB) is disposing of industrial land in Bandar Cemerlang Industrial Park, Kota Tinggi, Johor, for RM263.2mil cash, or RM115 per sq ft.

In a filing with Bursa Malaysia, Crescendo said the land measures 52.54 acres, is freehold, and categorised for industrial use.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read