MK Land to dispose of land in Kamunting for RM72mil


KUALA LUMPUR: MK Land Holdings Bhd''s (MK Land) wholly-owned  unit, Dominant Star Sdn Bhd (DSSB), will dispose of nine parcels of leasehold land measuring approximately 79.25 hectares in Kamunting, Perak for RM72 million.

In a filing to Bursa Malaysia Monday, the company said the land was acquired on Jan 8, 1997 with the cost of investment amounting to RM5.65 million and expected to record a net gain of RM32.14 million.

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!

MK Land , dispose , land , Kamunting , stocks , shares , property ,

   

Next In Business News

Racing into the hearts of a new generation
Upping wages via upskilling
Big cut and big moves
Wan Zulkiflee steps down as chairman of MAG
Dual listing myth
Mida inks research collaboration deal with MIER
Propelling new adventures in aviation
TNB inks cross border power deal
Outsourcing public projects for a win-win solution
Room for growth in travel and hospitality

Others Also Read