KUALA LUMPUR: Glomac Bhd said the proposed acquisition of freehold land in Sepang, Selangor will increase the value of its development projects to RM1bil in the financial year ending April. It will also bring the group's total number of projects to 14. The acquisition would be financed through a combination of internally generated funds and bank borrowings, the company said in a statement.
(24-1-2008 Bernama)
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