Asia Pacific Land buys 4.58ha site for RM6m

Posted on | September 24, 2008

By BUSINESS TIMES

ASIA Pacific Land Bhd bought a 4.58ha land for RM6 million from United Overseas Bank.

The developer said its unit entered into a sales and purchase agreement yesterday with the Bank for a vacant land in Bandar Batu Ferringhi, Pulau Pinang.

Once the deal is completed, the joint-venture agreement between AP Land’s unit and the bank on June 3 2002 to jointly develop the land shall terminate.

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