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PETALING JAYA: Property developer Gromutual Bhd said its wholly-owned unit had acquired two pieces of freehold land in Johor Baru for RM44mil as the group sought to replenish its land bank.
In a Bursa Malaysia filing yesterday, the company said its unit, Rainbow Entity Sdn Bhd, bought two pieces of land measuring 9079.8773 sq m and 5.3747 ha respectively from Ladang SPK Sdn Bhd.
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