KUALA LUMPUR: IJM Land Bhd will acquire a 40% stake in Kuantan Pahang Holding Sdn Bhd from SP Setia Bhd for RM40 while at the same time, it will be repaying the company’s advances totalling to RM9.72mil.
Kuantan Pahang is an investment holding company and holds 51% stake in Malaysia-China Kuantan Industrial Park Sdn Bhd.
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