Farlim sells 116.89 acres of Penang land to 1MDB for RM112.5m

KUALA LUMPUR: Farlim Group (Malaysia) Bhd is selling 116.89 acres of land in Bandar Air Itam, Penang to 1Malaysia Development Bhd's unit 1MDB RE (Ayer Itam) Sdn Bhd for RM112.5mil.

Farlim said on Monday the three lots of land in Bandar Air Itam, Penang Island were disposed of at RM110 per square foot.

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Farlim Group , land , Air Itam , 1MDB , penang

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