TIMBER company Ta Ann Holdings Bhd
is diversifying into property development and has acquired 3.6ha piece in Kuching for RM13.5mil.
In a statement to the KLSE yesterday, Ta Ann said its wholly-owned unit, Ta Ann Properties Sdn Bhd, had on Jan 2 entered into an agreement to acquire the land from Teo Teck Lee, Teo Teck Sim, Teo Teck Guan, Teo Teck Moh, Teo Ted Song and Teo Teck Yew.
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