Tuesday 10 May 2016

Melati Ehsan buying Selayang land for RM77.7 million

Bayu Melati Sdn Bhd, wholly-owned subsidiary of Melati Ehsan Holdings Bhd (MEHB) is acquiring three parcels of leasehold land measuring a total of 37,078 sq meter in Bandar Selayang for RM77.74 million cash from Aturan Utama Sdn Bhd. The land is proposed to be developed into a mixed project and the purchase price could be reduced to RM70 million if it required to build affordable homes under the “Rumah SelangorKu” scheme.

(The Sun, 18/04/2016)

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