Owner of prime Jalan Ampang, KL land. Magna Prima owns a piece of strategic land along Jalan Ampang which houses the Lai Meng Primary and Kindergarden schools. The 1.05 ha prime land is about 0.6km from KLCC Twin Tower and management has plans for a massive iconic development to the tune of RM1.3bn. Such sizeable development land at such close proximity to KLCC is scarce and it is fortunate that the company had managed to purchase that land at very cheap valuations in 1Q09, during the peak of the global economic confidence meltdown.
Magna Prima Berhad : The Gem Under The Radar Screen - 08/03/2010
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