JOHOR BAHRU, Jan 19 (Bernama) -- WM Senibong Berhad (WM Senibong) has completed the acquisition of Kews Senibong Sdn Bhd and the landholdings of the Senibong Golf Club from Walker Corporation Pty Ltd (Walker). The transaction cements WM Senibong’s position as a key developer and market leader in the Iskandar Malaysia growth corridor.
The acquisition adds approximately 270 acres of prime mixed-use land in Iskandar Puteri, Johor, to the Group’s portfolio. The land comprises The Kews parcel and the Senibong Golf Club development lands, valued at RM400 million. Together, the site represents a significant landbank with an estimated gross development value (GDV) of RM6 billion for the overall master development.
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