Lagenda in RM92.4mil Perak land purchase

Lagenda properties: One of its projects. - Filepic

PETALING JAYA: Lagenda Properties Bhd is acquiring agricultural land measuring 422 acres in Perak for RM92.4mil cash.

In a filing with Bursa Malaysia yesterday, the property developer said Taraf Nusantara Sdn Bhd, a wholly-owned subsidiary of Blossom Eastland Sdn Bhd (which is in turn wholly-owned by Lagenda), entered into a conditional sale and purchase agreement with Ladang Awana Sdn Bhd for the proposed acquisition.