Asia
Lim Seong Hai Capital Unit to Develop Two Land Parcels in Subang Jaya, Malaysia
Lim Seong Hai Capital's (KLSE:LSH) subsidiary, Astana Setia Development, signed a sale and development agreement with Railway Assets for two land parcels in Subang Jaya, Malaysia, according to a Friday filing with the local bourse.The lands, measuring around 17.4 acres, will be used for a proposed mixed development, comprising up to six residential towers, with an estimated development value of 1.91 billion ringgit.The development of the lands is expected to be carried out over five years.
KLSE:LSH
