Sunway unit to buy KL land for RM165mil


KUALA LUMPUR: Sunway Bhd (Sunway) unit, Sunway Innopark Sdn Bhd, has proposed to acquire 1.8 ha freehold land in Kuala Lumpur for RM165mil for residential and commercial development.

In a filing to Bursa Malaysia, the company said it had entered into a sale and purchase agreement (SPA) with LGT Sdn Bhd (the registered owner) and Tan Sri Lim Kok Thay, Puan Sri Lim (Nee Lee) Kim Hua, Yarraville Sdn Bhd, Dandenong Sdn Bhd, and Ripponlea Sdn Bhd for the purpose.

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Business , Sunway , prime , land

   

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