KUALA LUMPUR: Newly-listed property developer Titijaya Land Bhd’s wholly-owned unit City Meridian Development Sdn Bhd has entered into a conditional sales and purchase agreement to acquire 8.25 ha in Penang from Titijaya Group Sdn Bhd for RM126mil.
Titijaya Land chief operating officer Lim Poh Yit said the proposed acquisition is the company’s first venture outside the Klang Valley.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!