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Jul 21
2010

KYM To Purchase Land For RM3m

Posted by Thinkproperty.my News Team in NewsBusiness Times

Thinkproperty.my News Team

Extract from Business Times (20/07/10)

KYM HOLDINGS BHD has entered into a sale and purchase agreement to acquire three parcels of leasehold land in Genting Highlands measuring a total of 2,319.12 ha for about RM3 million.

The proposed acquisition would contribute positively to the group's revenue and profitability from the financial year ending 2011 onwards.

It said the land has good potential for development due to its prime location in the mature township of Gohtong Jaya in Genting Highlands.

The proposed land acquisition is expected to be completed by the first quarter of 2011.

Source
http://www.btimes.com.my/Current_News/BTIMES/articles/jkym-2/Article/

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