Mulpha buys Aussie property for RM197mil


PETALING JAYA: Mulpha International Bhd’s (MIB) unit, Mulpha Marymount Pty Ltd, is acquiring the Marymount Mercy Centre from the Trustees of the Sisters of Mercy in New South Wales, Australia, for RM196.78mil.

In a Bursa Malaysia filing, MIB said the acquisition will expand its development pipeline, which will deliver additional income streams.

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