Dijaya buys land for RM1.3bil to build self-contained township in Canal City, Selangor


PETALING JAYA: Property developer Dijaya Corp Bhd has acquired 474.29ha of prime development land in Canal City, Selangor, earmarked for an integrated self-contained township development, for RM1.3bil.

The company told Bursa Malaysia that it had entered into an agreement to acquire the land from Permodalan Negeri Selangor Bhd (PNSB) via a deferred payment method spanning over a period of up to 20 years.

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Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , Dijaya , property , acquisition

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