Mudajaya in RM37mil Ijok land sale


KUALA LUMPUR: Mudajaya Group Bhd has proposed to dispose of four parcels of freehold land in Ijok, Selangor, with a combined area of about eight ha, for a total consideration of RM36.8mil.

In a filing with Bursa Malaysia, Mudajaya said its wholly-owned subsidiary, Mudajaya Corp Bhd (MCB), had entered into a sale and purchase agreement with Serba Wangi (KL) Sdn Bhd for the disposal.

The land parcels, located along Bukit Badong Road in Ijok, Kuala Selangor, have a combined area of approximately eight ha, comprising three lots measuring 2.0234 ha each and one lot measuring 1.92 ha.

Mudajaya said the properties comprised a mix of industrial and agricultural lots, with some designated for industrial and light industrial use, while others are zoned for agricultural purposes such as oil palm cultivation.

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