MUI Properties to sell land for RM81mil

PETALING JAYA: MUI Properties Bhd (MUIP) is disposing of 53 acres out of 79 acres of land in Bandar Springhill, Port Dickson, Negri Sembilan, to Antmed Malaysia Sdn Bhd for RM80.80mil.

In a filing with Bursa Malaysia, MUIP said the proposed disposal is aimed at developing Bandar Springhill into a leading medical hub by leveraging Antmed’s expertise and resources.

“Antmed’s presence could attract other healthcare-related investments, creating a robust ecosystem,” it said.

MUIP said this aligned with the long-term vision of establishing Bandar Springhill as a leading medical hub by partnering with a capable entity to drive significant growth and development in the healthcare sector.