PETALING JAYA, Dec 29: Property company Ewein Bhd’s unit Ewein Zenith II Sdn Bhd has inked a sale and purchase agreement (SPA) with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to buy 4.42 ha of land in Penang for RM162 million.
Ewein Zenith II is a 60%-owned subsidiary of Ewein Land Sdn Bhd, a wholly-owned subsidiary of Ewein. The remaining 40% is held by construction company CZBUCG.
Previously, CZBUCG was awarded a works contract for a major road and third link (tunnel) project in Penang by the Penang state government for RM6.3 billion.
To read the full article, please visit Ewein Bhd To Buy Land In Penang For RM162 Million
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