Sunway’s JV firm to acquire land for RM258mil


KUALA LUMPUR: Sunway Bhd said its joint venture firm in China has won a tender to acquire land in Tianjin for development of seven blocks of condominiums.

The property and construction group said Tianjin Eco-City Sunway Property Development Co Ltd will acquire the 27,712.5 sq m of land from Sino-Singapore Tianjin Eco-City Investment and Development Co Ltd for 438mil yuan (RM257.78mil).

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