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SD Guthrie to Sell Kuala Selangor Land for RM798.31 Million

Kuala Lumpur, 15 July 2026 – SD Guthrie Berhad is advancing the proposed disposal of approximately 1,021.93 acres of land in Bukit Kerayong Estate, Kapar, for RM798.31 million as part of a major industrial and logistics development with Sime Darby Property Berhad.

The transaction moves the companies’ 50:50 joint venture from planning into implementation. Both groups have signed key agreements supporting the acquisition and development of the land, with each partner expected to invest up to RM100 million for its equity participation.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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