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Saturday, January 29, 2011

Setia Indah to acquire 106ha in Johor Baru

SP SETIA Bhd’s wholly-owned unit Setia Indah Sdn Bhd has entered into a conditional sale and purchase agreement with Kenyalang Property Development Sdn Bhd to buy 106ha in Johor Baru, Johor, for RM125.8 million.

It told Bursa Malaysia yesterday that it intends to develop a mixed residential development project on the land.

By Business Times

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