Tambun Indah gets shareholders approval for RM150m land purchase


KUALA LUMPUR: Shareholders of Tambun Indah Land Bhd have approved the group's purchase of 209 acres of land in Seberang Perai, Penang for RM150mil.

In a statement on Wednesday, the company said the 27 parcels of land were purchased by its unit Palmington Sdn Bhd and would expand its current development, Pearl City, to 797 acres.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

HR challenges in strata property
It looks terrific for terraced houses
Beware the tax
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated
Strained by lack of positive catalysts
Bank Negara allows MDBs and DFIs to issue ringgit bonds
Robust economy to boost banking
Schooling kids on money use
Don’t delay merger control, empower MyCC as the sole regulator

Others Also Read