Tuesday, July 13, 2010

Fajarbaru Builder Group Bhd : Buying Out Minority Shareholders Of Land In Port Dickson - 13/7/2010

To take full control of land in Port Dickson. Fajarbaru has proposed to buy out the minority shareholders of Potential Region Sdn Bhd (Potential Region), i.e. three individuals who own a combined 49.75% in the company, for RM16m cash. Currently 50.25%-owned by Fajarbaru, Potential Region holds some 140.3 acres of freehold land in PD Homestead Resort, Off Jalan Si-Rusa-Sunggala, Port Dickson, Negeri Sembilan.

Fajarbaru Builder Group Bhd : Buying Out Minority Shareholders Of Land In Port Dickson - 13/7/2010

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