JAYA Jusco Stores Bhd has agreed to buy a 12.65-acre site in Cheras, Selangor, for RM13.77mil cash to build a shopping complex, in line with its plan to expand in fast-growing areas.
In its statement, the company said the expected opening date of the new complex would be late next year, and the acquisition would enable it to expand the retailing business. – AFX
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