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AME Elite to acquire 176.5 acres in JS-SEZ for RM199.8mil

KUALA LUMPUR: AME Elite Consortium Bhd has added 176.5 acres of freehold land in Jeram Batu, Pontian, to its landbank for RM199.8mil cash as it seeks to capitalise on the growth of foreign and domestic direct investments flowing into Johor.

The Star MalaysiaThe Star查看原文 ↗
AME Elite将以1.998亿令吉收购JS-SEZ的176.5英亩土地。

KUALA LUMPUR: AME Elite Consortium Bhd has added 176.5 acres of freehold land in Jeram Batu, Pontian, to its landbank for RM199.8mil cash as it seeks to capitalise on the growth of foreign and domestic direct investments flowing into Johor.

In a statement, the group said the sales and purchase agreements were signed by the group's wholly-owned subsidiaries, Pulai Land West Sdn Bhd and Pulai Land East Sdn Bhd. Targeted for completion in the first half of 2027, the acquisition is expected to be funded by internally generated funds.

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