New Straits Times

Prestar, Skyhub ink RM19.25m land deal


KUALA LUMPUR: Prestar Resources Bhd, a manufactur­er of steel products, has entered into a sale and purchase agreement with Skyhub Technologi­es Sdn Bhd to acquire a parcel of leasehold land in Pekan Subang, Selangor for RM19.25 million. It said the 8,304 sq m parcel was strategica­lly located in a prominent industrial estate in Kampung Baru Subang and the acquisitio­n would also include the buildings erected on the land. The company said the acquisitio­n was expected to grow the group’s revenues.

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