KUANTAN: The land purchase agreement signed between Pasdec Holdings Bhd (Pasdec) and Petroluxe Refinery (M) Sdn Bhd (Petroluxe) last Nov 13 was for a ...
The land purchase agreement signed between Pasdec Holdings Bhd and Petroluxe Refinery Sdn Bhd last Nov 13 was for a 99-year lease of land in Gebeng for industrial use, said Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail.
He added that Petroluxe is a local company registered with the Companies Commission of Malaysia and its majority shareholder is Unigrand Petroluxe Sdn Bhd. As such, he said the people should not be misled by PAS that Pasdec is selling the land to outside parties.
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