KUALA LUMPUR: Ageson Bhd
's 99%-owned subsidiary Solidvest Properties Sdn Bhd has entered into a memorandum of understanding with Koperasi Belia Nasional Bhd (Kobena) to sell a 9.325-acre tract of land in Gombak, Selangor, for a consideration of RM35mil cash.
It said in a filing with Bursa Malaysia, Kobena intends to appoint Solidvest as the developer for a proposed residential development on the land comprising of 56 semi-detached houses and four bungalows, as well as a pump house and suction tank and an electrical substation.
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