UDA shareholder blocks RM215.5m land sale to Nadayu
KUALA LUMPUR: UDA Holdings Bhd is terminating the proposed sale of a piece of land in Jalan Sultan Ismail in the heart of Kuala Lumpur for RM215.50 million to Nadayu Properties Bhd.
Nadayu, formerly known as Mutiara Goodyear Development Bhd said on Wednesday, July 20 that its solicitors had received a letter from UDA about the unsuccessful land deal.