KUALA LUMPUR, Nov 13 (Bernama) – BCB Bhd’s wholly owned subsidiary, Banang Central Development Sdn Bhd, has entered into a sale and purchase agreement with Indah Corporation Bhd to acquire a freehold parcel in Batu Pahat, Johor for RM36.17 million.
BCB Unit To Acquire Batu Pahat Golf Course Land For RM36.17 Mln
BCB, Indah Corporation Bhd acquisition, Batu Paha
BE Bernama 
Key takeaways
BCB’s subsidiary Banang Central Development Sdn Bhd signed a sale‑and‑purchase agreement to buy a 21‑hectare golf course in Batu Pahat, Johor for RM36.17 million, with a projected gross development value of RM500 million pending approvals.
- BCB will fund the purchase with internal funds and bank financing.
- The site is a 21‑hectare golf course currently used as a golf course.
- The acquisition is part of BCB’s strategy to expand its land bank in Johor.
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Related reporting
5 stories on this topic from 4 sources, oldest first.
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- Bernama BCB Unit To Acquire Batu Pahat Golf Course Land For RM36.17 Mln (this story)
