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TH Properties Secure RM70.2 Million From 4 Investors For Bandar Enstek Industrial Plots

TH Properties Sdn. Bhd. has signed Sale and Purchase Agreement with four companies that are investing in Bandar Enstek, Negeri Sembilan namely GoBuilders Netsoft Sdn. Bhd., Epsom College in Malaysia, Malindo Airways Sdn. Bhd. and Meta Legends Sdn. Bhd.

They have all purchased plots of industrial and agriculture land in Bandar Enstek totalling RM70,257,115.23 in sales value th group said.

Epsom College in Malaysia via Educ8 Group Sdn. Bhd. acquired 30 acres of land beside its existing 50-acre for the campus’ future expansion plan while Meta Legends, a commercial developer, purchased RM2.254 acres of agriculture land for future commercial development.

Within the township’s industrial park, Malindo Airways (Batik Air) purchased 4.134 acres of land in phase 1 of techpark@enstek for its proposed training and in-flight catering complex. GoBuilders Netsoft, a cold chain logistics technology company, purchased 13.43 acres of land in phase 2 of techpark@enstek.

According to Datin Paduka Kartini Hj Abdul Manaf, Chairman of TH Prop said that the land deals are a significant achievement for Bandar Enstek after the Group successfully launched phase 3 of techpark@enstek in November last year.

“To date, techpark@enstek phase 1 has been fully sold and phase 2 is 91.5% taken up. Bandar Enstek is fast becoming the choice location for big names such as Epsom College, Coca Cola, Mahsuri Foods, Purecircle Sdn. Bhd., Farm Fresh Berhad, Kellogg’s Malaysia, Ajinomoto Malaysia, Dutch Lady Milk Industries Sdn. Bhd., Mac Food Services and many more due to its strategic location. The addition of these three new investors will be a boon to the economic development of the area specifically and Negeri Sembilan state as a whole,” she added.

Collectively, the companies are expected to bring in more than RM420 million of future investment and create more than 2,000 jobs in Bandar Enstek.

Source: TH Properties Secure RM70.2 Million From 4 Investors For Bandar Enstek Industrial Plots | BusinessToday

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