Major sharehoder likely to inject RM350mil into Sunsuria

PETALING JAYA: Sunsuria Bhd’s major shareholder Datuk Ter Leong Yap is likely to inject assets in the Klang Valley and Iskandar Malaysia measuring some 350 acres into the company to further strengthen the quality of its land bank.

The land worth RM350mil and with a potential gross development value of RM10bil was supposed to be injected into Sunsuria last year but the agreement lapsed.