KUALA LUMPUR: Sunway City (Penang) Sdn Bhd (SCP), an indirect unit of Sunway Bhd, has signed a sale and purchase agreement with Luxor Precision Sdn Bhd to acquire four pieces of freehold land in Penang for RM267.41mil.
In a filing with Bursa Malaysia, Sunway said SCP had successfully bid for the land on Dec 17, together with the existing buildings, plant nurseries and other structures.
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