Bonia unit to acquire KL property for RM35.51mil

TheStar Wed, Dec 07, 2022 05:48pm - 9 months View Original

KUALA LUMPUR: Bonia Corp Bhd's wholly-owned subsidiary Maha Asia Capital Sdn Bhd is acquiring a tract of freehold land on Jalan Delima in Kuala Lumpur from Resaa Properties Sdn Bhd for RM35.51mil.

In a filing with Bursa Malaysia, it said the purchase included the land measuring 1,403.71 sqm as well as a double-storey bungalow and guard house.

It added that the property is currently tenanted to a law firm.

According to the group, the purchase price will be fully satisfied in cash via internally generated funds and bank borrowings.


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