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Friday, July 18, 2008

Kumpulan Hartanah agrees to sell land

KUMPULAN Hartanah Selangor Bhd (KHSB) has agreed to sell a piece of land in Pulau Indah, Selangor, to Inai Kiara Sdn Bhd for RM30.1 million cash.

The 50.2ha land at Section 11, Pulau Indah, is still undeveloped, KHSB said in a statement to Bursa Malaysia yesterday.

"The sale of the land will accelerate the development of Pulau Indah and help to enhance the economic level in Pulau Indah by providing job opportunities," KHSB said.

By New Straits Times

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