The land was sold via Senai Airport City, a wholly-owned unit of Senai Airport Terminal Services, which in turn is wholly-owned by MMC.
The project is for part of Section 7, Part 2 of 2 of the West Coast Expressway.
... and develop the land into an industry hub with port facilities.
Under the preliminary agreement, Advancecon Solar was to also undertake a feasibility study on five other Mydin hypermarkets.
Kamisah Johan emerges as substantial shareholder of Gabungan AQRS after buying entire private placement stake
Gabungan AQRS Bhd said Datuk Kamisah Johan, 44, is a self-made entrepreneur and has more than a decade of experience in the property development sector.
The related-party transaction comes after last month's aborted RM1.11 billion deal between the two groups
The average monthly gross rental rate (per sq ft of net lettable area or NLA) was RM6.73, the PPK Malaysia Shopping Industry Survey showed.
The group attributed this to the sale of two parcels of freehold development land for RM98.1 million. On top of that, Tropicana saw higher sales and progress billings across key projects in the Klang Valley and Southern Region.
Domestically, the main projects that contributed to EcoWorld's financial performance in 1QFY21 were: Eco Majestic, Eco Forest, Eco Sanctuary and Eco Sky in the Klang Valley, Eco Botanic, Eco Spring, Eco Summer, Eco-Business Park I, Eco-Business Park II, Eco Tropics and Eco Business Park III in Iskandar Malaysia and Eco Meadows and Eco Terraces in Penang.
In a bourse filing, the company that made its Bursa debut in 1990, said its entire issued share capital will be removed from the local stock exchange at 9am that day. Trading of the firm’s shares was suspended on March 15.