5 years ago

IJM Land buys SP Setia's stake in MCKIP for RM9.7 mil

Astro AWANI
Astro AWANI
IJM Land has announced that it has entered into a sale and purchase agreement with SP Setia , to acquire 40% of Kuantan Pahang Holdings Sdn Bhd (KPH) for RM40 cash.

Under the agreement, IJM Land will also repay SP Setia, the advances made to KPH as a corporate shareholder, totalling 9.7 million ringgit.

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