KUALA LUMPUR: Matrix Concepts Holdings Bhd has proposed to buy 57 parcels of freehold land in Kulai, Johor, spanning a total of 174.8 hectares for RM169.3 million.
Matrix Concepts said the acquisition forms part of its strategy to diversify its geographical earnings base, building on the strength of its established developments in Negri Sembilan, Klang Valley and Kluang in Johor.
Matrix Concepts chairman Datuk Mohamad Haslah Mohamad Amin said the next phase of Matrix Concepts' journey is focused on enhancing the quality and depth of its growth.
"Over the past two years, we have been deliberate in laying the foundations for greater geographical diversification, and we are now progressively seeing the fruition of this strategy as opportunities translate into tangible avenues for expansion.
