TWL acquires land parcels for RM45mil


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KUALA LUMPUR: TWL Holdings Bhd’s indirect subsidiaries are acquiring parcels of freehold land in Damansara, Petaling Jaya from Sime Darby Property (Bukit Raja) Sdn Bhd for a total of RM45mil.

Tinta Kaca Development Sdn Bhd, an 80% unit of TWL Commodity Sdn Bhd, has entered into a novation cum supplemental sale and purchase agreement with Sime Darby Property Bukit Raja to acquire one of the parcels for RM10mil, it said. — Bernama

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