Sime Darby Property’s land purchase a bargain


KUALA LUMPUR: Brokerage firms are generally optimistic about Sime Darby Property Bhd’s acquisition of agriculture land from Sime Darby Bhd in Malaysia Vision Valley (MVV) in Labu, Negri Sembilan.

The property group announced on Wednesday that it had exercised a call option agreement by acquiring 760.12 acres of freehold land in the area for RM280mil in a related-party transaction.

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RM13.90/month
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RM12.33/month

Billed as RM148.00/year

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