Affin-I Goodyear purchases land

Posted on | January 9, 2009

By THE STAR

KUALA LUMPUR: Affin-I Goodyear Sdn Bhd (AIGyr), a Mutiara Goodyear Development Bhd unit, has signed a sale and purchase agreement with Affin Islamic Bank Bhd for the acquisition of 3.52ha in Bukit Gambir, Penang, for RM15.010mil.

In a filing with Bursa Malaysia, Mutiara Goodyear said the acquisition would be financed via internally-generated funds and bank financing.

AIGyr is a joint venture between Jurus Positif Sdn Bhd (a wholly owned subsidiary of Mutiara Goodyear) and Affin Islamic Bank Bhd.

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