Naim seeks prime land

TheStar Mon, Jun 01, 2020 09:40am - 3 years View Original


“The slowdown in the economy, which is expected to continue in the next few years, could also give rise to buying opportunities at bargain prices, ” according to chairman Datuk Amar Abdul Hamed Sepawi (pic) and managing director Datuk Hasmi Hasnan in their message to shareholders in the company’s newly released 2019 annual report.

KUCHING: Despite a volatile and uncertain global outlook, Sarawak’s leading property developer is on the hunt for bargains.

Naim Holdings Bhd is seeking to buy prime land for property development nationwide in the current economic downturn.

Naim thinks it is time to beef up its existing land bank of some 1,000ha, including prime parcels in the industrial town of Bintulu, state capital Kuching and Miri.

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