Magna Prima buys land in Selayang

MAGNA Prima Bhd has bought a plot of land in Selayang, Selangor, from Muafakat Kekal Sdn Bhd for RM16.5 million.

Muafakat is being paid with 8.25 million new Magna Prima shares, or at RM2 a share, Magna Prima said in a filing to Bursa Malaysia yesterday.

By Business Times