Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Wednesday, November 4, 2009

Paramount buys freehold land for RM62.4m

PARAMOUNT Corp Bhd has signed a conditional deal to buy 8.8ha of freehold land in Damansara, Selangor, from The Titular Superior of the Brothers of Saint Gabriel for RM62.4 million.

About 4ha will be used to build a new campus for KDU College and the rest will be for commercial properties and condominiums.

Paramount will use its internal funds and borrowings to fund the acquisition, it said in a statement to Bursa Malaysia.

By Business Times

Posted by Kimberg at 10:07 PM
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)