PETALING JAYA: Matrix Concepts Holdings Bhd
has moved to sell two parcels of vacant land in the MVV Techvalley development to Bidara Pesona Sdn Bhd (BPSB) for a combined RM24.6mil, in a deal classified as a related-party transaction.
Its 85%-owned subsidiary, N9 Matrix Development Sdn Bhd, signed separate sale and purchase agreements on December 9 for Lot H30 and Lot H29 in the Mukim of Labu, Seremban, measuring 3.92 acres and 4.39 acres, respectively.
