Asian Pac buying Sabah land for RM21.8mil


PETALING JAYA: Asian Pac Holdings Bhd is acquiring a 16.57-acre leasehold land in Papar, Sabah, for RM21.8mil or RM30.20 per sq ft.

In a filing with Bursa Malaysia, the property investment and development company said the purchase consideration was arrived at on a “willing-buyer willing-seller” basis after considering the development potential of the land, assessment of the location, accessibility, suitability, demand and price for the site.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , asian pac , buy , land , sabah , rm21.8mil

   

Next In Business News

Spritzer clarifies mistaken identity in insider trading report
Berjaya Corp denies involvement in Forest City Casino talks
Malaysia's PPI higher by 1.6% in March 2024
Microlink wins RM56.45mil contract from Bank Islam Brunei
Bursa Malaysia higher at midday in sync with regional peers
PETRONAS, CelcomDigi collaborate on digital transformation and sustainability efforts for the energy industry
Ringgit retreats vs US$ ahead of personal consumption expenditure reading
Oil prices rise as US official eases market concerns over economic headwinds
Inflation in Japan's capital slows more than expected, slides below BOJ goal
FBM KLCI opens lower as investors book profits

Others Also Read