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Mahajaya’s EGM to discuss proposed land disposal

KUALA LUMPUR: Mahajaya Bhd is calling for an extraordinary general meeting (EGM) to discuss a proposed disposal of approximately 51.38 acres of leasehold land in Kinrara Puchong for a sum of RM178 million.

The company said on Friday, Sept 17 that the disposal of the three portions of Taman Damai Utama or 907 parcels of land in Kinrara would be done via  its wholly owned subsidiary, Medan Damai Sdn Bhd to Legend Grand Development Sdn Bhd, a wholly owned subsidiary of Mah Sing Group.
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