Magna Prima buys land in Selayang

Posted on | October 15, 2009

By BUSINESS TIMES


MAGNA Prima Bhd has bought a plot of land in Selayang, Selangor, from Muafakat Kekal Sdn Bhd for RM16.5 million.

Muafakat is being paid with 8.25 million new Magna Prima shares, or at RM2 a share, Magna Prima said in a filing to Bursa Malaysia yesterday.

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