Ibraco sells 4.2-acre Muara Tebas land for RM35.4mil


PETALING JAYA: Ibraco Bhd has entered into an agreement to dispose of about 4.2 acres of vacant leasehold land in Block 12, Muara Tebas Land District, to NorthBank Specialist Hospital Sdn Bhd (NHSB) and Kuching Health Holdings Sdn Bhd (HMI) for RM35.4mil.

The land, acquired in 2011 and valued at RM34mil as of November 2024, is earmarked for the development of a private specialist hospital within the NorthBank township.

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