11-08-2025
- Business
- New Straits Times
Y&G Corp units buy four Selangor land parcels worth RM395 mln
KUALA LUMPUR: Y&G Corporation Bhd's wholly-owned subsidiaries, Nusa Wibawa Sdn Bhd and Duta Asiana Sdn Bhd, have acquired four parcels of land worth RM395 million.
On the breakdown, Y&G said Nusa Wibawa has acquired three parcels of leasehold land in Sepang, Selangor, with a combined area of approximately 38.45 hectares, from Nurani Saujana Sdn Bhd for RM206 million.
It added that Duta Asiana Sdn Bhd has purchased a parcel of land measuring 148.52 hectares in Kuala Selangor, Selangor, from Asian Regal Holdings Sdn Bhd for RM189 million.
"Y&G has also acquired one million ordinary shares in Konsep Wawasan Sdn Bhd, representing 100 per cent equity interest in the company, for a cash consideration of RM82 million," it said in a filing to Bursa Malaysia today.
