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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