Aspect Synergy Sdn. Bhd. (an indirect wholl-owned subsidiary company of OSK Holdings Berhad) had on 8 January 2016 entered into a Sale and Purchase Agreement with AmBank (M) Berhad for the proposed acquisition of six (6) parcels of freehold agricultural lands measuring 767.73 acres in total for a total consideration of RM145.0 million.
The Lands are located in Seremban South bordering Bandar Sri Sendayan within the proximity of Seremban 2 it is well connected via Lebuhraya Utara-Selatan which is accessible from Seremban and Senawang as well as Lebuhraya Seremban – Port Dickson.
Surounding the lands are several integrated township developments such as Bandar Ainsdale, Seremban 2, S2 Heights, Bandar Baru Sendayan, Bandar Seremban 3 and Bandar Springhill.
Subject to obtaining approvals from the relevant authorities, the Group intends to undertake an integrated residential and commercial development comprising mixed landed and high rise residential and mixed commercial components. Based on preliminary plans, the proposed development is expected to have an estimated gross development value of approximately RM3.6 billion.
