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Wednesday, February 13, 2008

Karambunai to sell properties

DEVELOPER and resort operator Karambunai Corp Bhd plans to sell 8,201.9 sq m of land complete with a four-storey office building, a warehouse and ancillary building in Petaling Jaya to PTB Horticulture Farm Sdn Bhd for RM12 million. Karambunai said that PTB, a unit of Petaling Tin Bhd, has made a notification to the Foreign Investment Committee for the proposed acquisition.
(New Straits Times 13-2-2008)