KUALA LUMPUR: Ho Hup Construction Co Bhd
has bought a 70% stake in Intact Corporate Approach Sdn Bhd (ICA) from I4G Intelliganz Sdn Bhd for RM20mil.
ICA has the rights over 429 acres of leasehold land in Kulai, Johor, after it had struck a deal in July with YPJ Plantations Sdn Bhd – the registered land owner – to buy the land for RM107.3mil, where it would be transferred progressively to ICA in over five years.
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