BLand to buy land from BCity for RM155mil


PETALING JAYA: Berjaya Land Bhd (BLand) is proposing to acquire 871.01 acres in Ulu Selangor from BerjayaCity Sdn Bhd (BCity) in a related party transaction worth RM155mil.

In a filing with Bursa Malaysia yesterday, BLand said the proposed acquisition provides an opportunity for the BLand group to increase its land bank.

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