PETALING JAYA: Fajarbaru Builder Group Bhd (FBG) is looking at expanding its presence in the property market in Melbourne, Australia, through its investment in a property development company in the land down under.
The company said its wholly-owned subsidiary, Fajarbaru Land (M) Sdn Bhd has acquired 98 ordinary shares, representing a 49% stake, in Beulah Northcote Land Pty Ltd (BNL) for A$98 (RM291.35).
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