PETALING JAYA: Just as investors were getting more downbeat on the prospects of MK Land Holdings Bhd due to expectations of weaker earnings in the absence of meaningful new launches, “a shot in the arm of sorts” has come in the form of a land sale by the company.
To recap, earlier last week, the property developer announced that it would be selling off nine parcels of leasehold land totalling about 195.84 acres in Kamunting, Perak, for RM72mil.
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