L&G to sell parcels of land for RM60mil


PETALING JAYA: Land and General Bhd (L&G) is disposing of six parcels of freehold land measuring 138.17 acres in Pekan Sungai Gadut, Negri Sembilan to Lagenda Properties Bhd for RM60.19mil.

In a filing with Bursa Malaysia, L&G said the parcels are vacant, not in use, and are only expected to be developed upon completion of phase one of the Sena Parc land development.

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