KUALA LUMPUR: The gross development value, purchase price and other details for Eastern & Oriental Bhd
's (E&O) proposed Elmina West project will only be firmed up once a sales and purchase agreement is signed, said deputy managing director Eric Chan.
E&O yesterday inked a non-binding memorandum of agreement with its 32% shareholder Sime Darby Bhd to acquire some 135 acres of land in the 5,000 acre City of Elmina, which belongs to Sime Darby.
