Hua Yang CEO Ho Wen Yan(insetpic) said the group saw
PETALING JAYA: Mid-sized property developer Hua Yang Bhd
is acquiring an additional 20.12% stake in Magna Prima Bhd, a move that essentially seals its substantial interest in the latter.
Magna Prima’s most prized asset is the 2.62 acres that used to house the Lai Meng School along Jalan Ampang. The land is located just a stone’s throw away from the iconic Petronas Twin Towers.
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