OSK acquires land in Selangor for RM58mil


OSK said the acquisitions form a critical component of the group’s long-term business strategy.

PETALING JAYA: OSK Holdings Bhd is acquiring three parcels of land totalling 58,465 sq m in Gombak, Selangor from Temasya Mentari Sdn Bhd for RM58mil.

In a filing with Bursa Malaysia, OSK said the acquisitions form a critical component of the group’s long-term business strategy. “It would allow the group to tap on the demand for residential homes in the northern Klang Valley, where the group does not have a presence currently.

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