PETALING JAYA: Asian Pac Holdings Bhd is acquiring a 16.57-acre leasehold land in Papar, Sabah, for RM21.8mil or RM30.20 per sq ft.
In a filing with Bursa Malaysia, the property investment and development company said the purchase consideration was arrived at on a “willing-buyer willing-seller” basis after considering the development potential of the land, assessment of the location, accessibility, suitability, demand and price for the site.
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