LSH Capital proposes RM17.4mil land acquisition for Titiwangsa serviced apartment project


KUALA LUMPUR: Lim Seong Hai Capital Bhd (LSH Capital) has proposed to acquire three parcels of land along Persiaran Titiwangsa 3 in Kuala Lumpur, for RM17.4mil cash.

LSH Capital, in a filing with Bursa Malaysia, said its wholly-owned subsidiary, Lim Seong Hai Development Sdn Bhd (LSH Development), entered into a sale and purchase agreement (SPA) with Lim Seong Hai Holdings Sdn Bhd (LSH Holdings) to acquire Lot 19, a freehold parcel measuring approximately 910.51 sqm, for RM7.6mil.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read