Bina Darulaman to gain RM17mil from sale of land


File picture shows a condominiumin project in Alor Setar jointly developed by Belleview Group and Bina Darulaman Berhad.

PETALING JAYA: Bina Darulaman Bhd is expected to book a gain of RM17mil from the proposed disposal of a piece of freehold agriculture land in Baling.

In its filings with Bursa Malaysia, the engineering and construction services company yesterday said its wholly-owned subsidiary BDB Land Sdn Bhd had entered into a conditional sale and purchase agreement (SPA) to dispose of its 96.7ha agriculture land in Kuala Ketil in Baling for RM48mil.

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Bina Darulaman , sale , land , Kuala Ketil , Baling , constrution , assets ,

   

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