Lion Diversified's land compulsorily acquired for RM11.7m

TheStar Fri, Apr 06, 2018 06:57pm - 3 years ago

KUALA LUMPUR: Part of Lion Diversified Holdings Bhd 's land in Kuala Langat, Selangor has been compulsorily acquired by the Kuala Langat District Office for RM11.73mil.

It said on Friday that part of the land held under the group was acquired by the District Office under the Land Acquisition Act 1960 for Tenaga Nasional Bhd .

The power giant would use the land to reroute the 500kV power transmission. 

“The company had on April 4, received the compensation sum. The compensation sum was accepted under protest,” it said.

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