MK Land to use proceeds from land sale for devt projects


KUALA LUMPUR: MK Land Bhd plans to use the proceeds from the disposal of 9.2ha of land in Sungai Buloh, Selangor for development projects.

In reply to a query from Bursa Malaysia Securities on Thursday, MK Land said the market value of the land was RM157.8mil while the forced sale value was RM118.35mil.

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