WCT Land: No plans to buy L&G

Posted on | July 31, 2007

By BUSINESS TIMES

WCT Land Bhd yesterday said it has no plans to buy over ailing real estate company Land & General Bhd (L&G). In a separate anouncement, L&G said yesterday it was not aware of plans to sell off the company. Both listed firms were responding to a Business Times report on Monday which said L&G was to be sold off as early as this week and that WCT Land was a frontrunner as a possible buyer of the company. “The company has no plans of buying into L&G,” WCT said in a statement to Bursa Malaysia.

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