Apex Equity selling land formerly planned for RM86.5mil project


KUALA LUMPUR: Apex Equity Holdings Bhd (Apex), which last week announced the disposal of four parcels of freehold land in Shah Alam for RM37 million, had initially planned a project with an estimated gross development value of RM86.5 million on the land.

The project was to involve the development of 61 units of shoplots, the company said in a filing with Bursa Malaysia today to provide additional information on the proposed disposal.

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Apex Equity , AEC , Property development

   

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