Friday, April 23, 2010

Mah Sing Group Berhad : Buys Land In Jalan Ampang-23/04/2010

Buys land in Jalan Ampang. Mah Sing has entered into a SPA with Elsinburg Holding S/B for the acquisition of 1.44 acres of freehold commercial land in Jalan Ampang for RM53.8m cash (or RM857 psf). Just next to Great Eastern Mall, the land will be acquired with an approved development plan. In addition, conversion premium to commercial land as well as development order charges have already been paid by the seller. The acquisition is expected to be completed by 2H10.

Mah Sing Group Berhad : Buys Land In Jalan Ampang - 23/04/2010

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