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PKFZ says Speedmatrix didn’t sign, Port Klang land lease won’t go ahead

KUALA LUMPUR, Nov 14 — Speedmatrix Sdn Bhd’s proposed lease of land in Port Klang will not proceed after the...

PKFZ says Speedmatrix didn’t sign, Port Klang land lease won’t go ahead

Speedmatrix Sdn Bhd's attempt to lease land in the Port Klang Free Zone (PKFZ) has been thwarted due to the expiration of a letter of offer, the free zone authority announced today. PKFZ chairman Lim Lip Eng, who is also Kepong MP, stated that the company's bid was thwarted as the offer expired in early November after Speedmatrix failed to sign the document within the stipulated validity period. The free zone authority reiterated its resolve to prevent the use of the free zone for unlawful activities.

Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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