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Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Tiong Nam Logistics Holdings Berhad's Subsidiary To Acquire Land

Friday, 9 Nov 2012 04:10am EST 

Tiong Nam Logistics Holdings Berhad announced that Dragon 2012 Sdn Bhd (DSB), a 100% owned subsidiary of the Company, has on November 9, 2012, entered into a Sale and Purchase Agreement with Denia Development Sdn Bhd to purchase two (2) pieces of freehold vacant lands held under H.S.(D) 488041 for Lot No. PTD 6905 and H.S.(D) 488042 for Lot No. PTD 6906 both in the Mukim of Jelutong, District of Johor Bahru, State of Johor, measuring approximately 54,121 square meter (the Land) for cash consideration of MYR 42,740,790.00. 

Company Quote

0.02 +1.57%
12:13am EDT