Tambun Indah buys land worth RM150mil in Penang


KUALA LUMPUR: Tambun Indah Land Bhd’s wholly-owned subsidiary Palmington Sdn Bhd has proposed to acquire 27 parcels of freehold land in Penang worth RM150mil from TPPT Sdn Bhd.

In a filing with Bursa Malaysia, Tambun Indah said it would pay cash for the purchase of the land totalling 84.8ha.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , Tambun Indah

   

Next In Business News

Capital A's aviation segment records 90% load factor, 15.4 mln passenger volume in 1Q
QSR Brands confirms temporary closure of KFC outlets amid economic challenges
BNM partners MoF to host GFIEF with 'resilient global Islamic economy' theme
CIMB Group achieves Forward23+ targets despite external uncertainties
MBSB proposes change of name to MBSB Bhd
Ringgit unchanged vs greenback due to wait-and-see mode
Saudi-based ACWA Power keen on investing over US$10bil in Malaysia
Bursa Malaysia to close for Labour Day
Singapore’s Hildrics Capital increases stake in GIIB
AirAsia X achieves 83% passenger load factor in 1Q24

Others Also Read