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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!