
Deal Highlights: Multi-Parcel Land Disposal Along Jalan Puchong
We are pleased to have acted for the Vendors in a series of land disposal transactions involving parcels of freehold land located along Jalan Puchong, Kuala Lumpur.
The signing ceremony for the sale and purchase agreements (“SPAs”) took place on 1 July 2025, marking the commencement of these transactions. Senandung Raya Sdn Bhd, a wholly-owned subsidiary of Kerjaya Prospek Group Berhad, entered into three separate SPAs with the following Vendors:
- one with Sunrise Bright City Sdn Bhd for the acquisition of a parcel of land measuring approximately 1.5681 hectares for RM59.08 million; and
- two with Top Up Properties Sdn Bhd, for two adjoining parcels measuring approximately 0.6980 and 0.7280 hectares, valued at RM26.30 million and RM27.43 million respectively.
This deal also brought our involvement with the Vendors full circle, as we had previously advised them on two of their initial land acquisitions nearly a decade ago.
🔗Official announcements on Bursa Malaysia:
Our Corporate team regularly advises local and international corporations on mergers and acquisitions (M&A), cross-border transactions, joint ventures, and corporate restructuring. We also provide comprehensive support for shareholders’ agreements and general commercial advisory to help businesses navigate the Malaysian regulatory landscape.
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