Compensation for Dutaland


PETALING JAYA: Dutaland Bhd has accepted RM49.5mil in compensation from the Lands and Surveys Department of Sabah for the compulsory acquisition of a 99-year parcel of leasehold land in Kota Kinabalu.

The acquisition was made pursuant to Section 3 of the Land Acquisition Ordinance (Sabah Cap. 69) vide Gazette Notification No. 853 dated Nov 28, 2013 for the purpose of the extension of the Tanjung Aru Township in Kota Kinabalu, a statement to Bursa Malaysia said.

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