KUALA LUMPUR, Oct 10 — Central Spectrum (M) Sdn Bhd (CSSB) and Colform Sdn. Bhd. have formalised a Sale and Purchase Agreement (SPA) for the acquisition of 7.31 acres of industrial land in Pulau Indah Industrial Park, valued at RM25.2 million.
The exchange ceremony was led by Mr. Amran Abdul Wahab, chief operating officer of Central Spectrum, and Mr. Kang Ket Hung, Managing Director Colform Sdn. Bhd., witnessed by Y.B. Tuan Ng Sze Han, Selangor State Executive Councillor for Investment, Trade and Mobility, together with Mr. Mohd Zapi Abdullah, Head of Land & Property Division, Menteri Besar Selangor (Incorporation).
The exchange was held in conjunction with the Selangor Investment and Industrial Park Expo (SPARK), a highlight of the Selangor International Business Summit (SIBS) 2025 at the Kuala Lumpur Convention Centre.
Mr. Amran Abdul Wahab, Chief Operating Officer of CSSB, said: “This SPA with Colform is a significant milestone for Pulau Indah Industrial Park, strengthening investor confidence and demonstrating CSSB’s role in driving sustainable economic growth and industrial advancement in Selangor.”
Mr. Kang Ket Hung, Managing Director of Colform Sdn. Bhd., added: “Pulau Indah Industrial Park stood out for its strategic location, strong connectivity, and proven track record as a thriving industrial hub. These strengths make it the right choice for Colform’s expansion into West Malaysia, and we are confident this investment will deliver long-term value.”
The formalisation of this SPA underscores the deep confidence in the potential of Pulau Indah Industrial Park. Beyond a land transaction, it stands as a firm endorsement of CSSB’s vision and further solidifies its position as Selangor’s trusted industrial developer, driving sustainable growth and cementing Pulau Indah’s reputation as a premier hub for global investment.
