BLand unit to acquire land from Selangor Turf Club

KUALA LUMPUR (Dec 18): Berjaya Land Bhd's (BLand) unit Selat Makmur Sdn Bhd has proposed to acquire 99.06 hectares of leasehold land in Sungai Besi from Selangor Turf Club for RM640 million.

In a filing to Bursa Malaysia today (Tuesday), BLand said the acquisition included all existing buildings and structures erected.

BLand said Selat Makmur has also proposed to acquire about 303.514ha of freehold land in Sungai Tinggi from Berjaya City Sdn Bhd.

The company has also proposed to appoint Berjaya City as the turnkey contractor to carry out the construction of the new turf club for RM605 million, it said.

BLand said Selangor Turf Club and Selat Makmur had agreed on the layout and building plans, designs, drawings and specifications for the new turf club. — Bernama