Sunsuria delays buying real estate assets from Ter

PETALING JAYA: Sunsuria Bhd has delayed plans to buy real estate development assets in Selangor and Johor from its chairman and major shareholder Datuk Ter Leong Yap.

In a statement, Sunsuria said it had decided to allow its heads of agreement (HoA) in connection with its proposed acquisitions of potential land bank with a gross development value (GDV) of RM10bil to lapse.