MRCB-Aseana in KL Sentral deal

Posted on | August 17, 2007

By BUSINESS TIMES

MALAYSIAN Resources Corp Bhd (MRCB) is partnering Aseana Properties Ltd, a UK-listed firm, to build office towers and a boutique business hotel on a piece of land in KL Sentral, Kuala Lumpur. The venture, 60 per cent controlled by MRCB, will buy the land measuring 95,131 sq feet for RM99 million. The seller is KL Sentral Sdn Bhd, a unit of MRCB.

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