Sunsuria revokes Mayer Land purchase


PETALING JAYA: Property developer Sunsuria Bhd has revoked the proposed acquisition of an 80% stake in Mayer Land Sdn Bhd.

While the exact reason for the termination was not disclosed, it is noteworthy that the duration to fulfill the conditions precedent of the shares sale and purchase agreement (SPA) have been extended three times before this.

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