TA Enterprise to buy land for RM26m

Posted on | June 2, 2009

By BUSINESS TIMES

TA Enterprise Bhd will buy a piece of freehold land in Pekan Sungai Penchala Selangor for RM26 million.

Its wholly-owned unit entered into a sale and purchase agreement with Elite Meridian Sdn Bhd yesterday for the land measuring 3629 sq metres together with a four storey commercial building with one level basement car park.

“The property is purchased for recurring rental income as well as to house some of TA Enterprise Group’s operations,” it told Bursa Malaysia yesterday.

You might also like

TA Enterprise buys Serendah land By BUSINESS TIMESTA ENTERPRISE Bhd has agreed to buy a piece of freehold commercial land in Serendah,...

TA Enterprise buys Westin Melbourne for RM390m By THE STARPETALING JAYA: TA Enterprise Bhd is acquiring the property and business known as The Westin...

TA plans RM1bil REIT By BLOOMBERGKUALA LUMPUR: TA Enterprise Bhd may raise more than RM1bil selling shares in a real estate...

A&M Realty buys Monta Kiara plot By BUSINESS TIMESPROPERTY developer A&M Realty Bhd has agreed to buy a piece of freehold land in...