HUA Yang Bhd’s wholly-owned unit Prop Park Sdn Bhd, has signed a conditional sale and purchase agreement with U Thant Square Sdn Bhd to buy leasehold land in Kuala Lumpur for RM32 million.
Hua Yang said it will build residential and commercial properties worth RM160 million on the land starting mid-2011.
It will be completed in three to four years.
By Business Times
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