KUALA LUMPUR: Eco World Development Group Berhad (EcoWorld)’s wholly-owned subsidiary, Eco Business Park 6 Sdn Bhd, has entered into a conditional sale and purchase agreement (“SPA”) today to sell two parcels of industrial lands, measuring a combined acreage of 49.588 acres at its QUANTUM Edge industrial park in Kulai, Iskandar Malaysia, for approximately RM280.8 million.  

The Purchaser is KNBDC Malaysia Five Sdn Bhd (“KNBDC”), a regional hyperscale data centre specialist.  

Commenting on the deal Dato’ Chang Khim Wah, President & CEO said, “We are delighted to welcome KNBDC to QUANTUM Edge, which was launched in June 2024, specifically designed to cater to the needs of market leading data centres and other high-tech customers. KNBDC is buying the last two parcels of industrial lands at QUANTUM Edge and they will be joining Microsoft and Princeton Digital Group here, making this one of the largest digital and high-tech hubs by a private developer in Malaysia.  

We are gratified that three technology powerhouses from different parts of the world have chosen to locate their data centres at QUANTUM Edge. Apart from being an encouraging vote of confidence on the suitability of our business parks as ideal sites for hyperscale data centre operations, it is a true testament of the continued attractiveness of Iskandar Malaysia as a prime investment destination for discerning global and regional investors.  

Over the years, the visionary initiatives of the Federal and Johor State Governments, backed by comprehensive efforts to improve both physical and digital infrastructure, have attracted substantial local and foreign direct investments to the Johor-Singapore Special Economic Zone (JS-SEZ) where QUANTUM Edge is situated. These massive investments received have fostered the creation of a complete ecosystem which has transformed the JS-SEZ into a top-tier digital and high-tech hub, capable of sustaining and attracting ever increasing interest from market leading players.” 

 The SPA adds on to the very strong start EcoWorld has had for FY2026, with 52% of the Group’s full year sales target achieved in the first 4 months of the financial year. During this period, industrial sales contributed 36% to cumulative sales. Following the sale to KNBDC, total industrial sales for FY2026 is set to further increase, demonstrating the strong and growing demand for the Group’s industrial products under both its Eco Business Park and QUANTUM revenue pillars, as well as the continued resilience of this market segment.