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PostSubject: PLB buys land in Penang   PLB buys land in Penang I_icon_minitimeFri Apr 09, 2010 10:44 am

Tuesday, April 6, 2010


PLB buys land in Penang


PLB Engineering Bhd has bought via a public auction nearly 20ha of land in Penang for RM38 million, in line with its efforts to increase landbank.

The land was bought through wholly-owned PLB Land Sdn Bhd, PLB said in a filing to Bursa Malaysia yesterday.

The price paid for the land was the highest bid received by vendor Southeast Asia Special Asset Management Bhd, it added.

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