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KUALA LUMPUR (Dec 30): Integrated industrial space solutions provider AME Elite Consortium Bhd is aiming to generate more than RM1.5 billion in gross development value (GDV) through its 169.8-acre land acquisitions in the Southern Industrial and Logistics Clusters (SiLC) in Iskandar Puteri, Johor Bahru. In a bourse filing today, AME Elite said its units Pentagon Land Sdn Bhd and Greenhill SILC Sdn Bhd had entered into two sales and purchase agreements with UEM Land Bhd and Nusajaya Heights Sdn Bhd, both wholly-owned subsidiaries of UEM Sunrise Bhd. The total purchase consideration of the proposed land acquisitions amount to RM434.3 million. The new lands are located near AME Elite’s i-Park @ SiLC industrial park, which was completed in 2013, and approximately 30 minutes from its ongoing integrated industrial park developments, namely i-Park @ Indahpura and i-Park @ Senai Airport City. ....