Eco World to buy RM82mil Semenyih land from Boustead Properties


PETALING JAYA: Eco World Development Group Bhd is proposing to buy 22.734 acres of freehold commercial land in Semenyih, Selangor for RM82.19mil from Boustead Properties Bhd.

In a filing with Bursa Malaysia, the property group said its 81%-owned subsidiary, Mutiara Balau Sdn Bhd (MBSB) has entered into a conditional sale and purchase agreement for the land with Boustead Properties’s wholly-owned subsidiary, Boustead Balau Sdn Bhd.

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