Matrix Concepts enters 1,000-acre land JV with NS Corp



KUALA LUMPUR: Matrix Concepts Holdings Bhd via its subsidiary Megah Sedaya Sdn Bhd has inked a land development agreement with NS Corp for 1,000 acres of prime land in the MVV2.0 development corridor.

In a statement, the property developer said NS Corp will grant development rights to Megah Sedaya, a special purpose vehicle that shall act as the master developer of the new land, for a total consideration of RM435.6mil.



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