PETALING JAYA: Gadang Holdings Bhd
's wholly owned subsidiary, Crimson Villa Sdn Bhd, is selling a freehold land in Semenyih, Selangor, to Trans Loyal Development Sdn Bhd for RM2.5mil cash.
In a filing with Bursa Malaysia, Gadang noted the 3.4 hectare land forms part of the Taman Akasia development in Semenyih and carries the obligation to undertake a Rumah Selangorku component imposed by the State Government.
