Vizione buys Pembinaan Angkasa to venture into property development

TheStar Thu, Apr 11, 2019 08:20am - 4 years View Original


KUALA LUMPUR: Vizione Holdings Bhd ’s wholly own subsidiary, Vizione Development Sdn Bhd has entered into a sale of shares agreement to acquire the entire stake in Pembinaan Angkasa Permai Sdn Bhd to venture into property development.

In a statement yesterday, Vizione said Pembinaan Angkasa Permai had a joint-venture agreement with Hanacekap Sdn Bhd to jointly develop a leasehold commercial land, measuring 3,636 square metres, in Mukim Petaling here to build one block of serviced apartment called “The 216 Residences”. — Bernama

   

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