Magna Prima’s land acquisition deal

Posted on | June 9, 2010

By BUSINESS TIMES


MAGNA Prima Bhd and vendor Muafakat Baru Sdn Bhd have agreed to extend the deadline to seal a firm agreement on a land acquisition.

The companies had agreed on a three-month extension till September 19 this year for the purchase of a 4.1ha of land in Kuala Lumpur, Magna Prima told Bursa Malaysia yesterday.

Magna Prima is buying the land for RM57.93 million.

- Land Acquisition

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