COVID–19 NEWS   MOH does not plan to extend PICKids | COVID : 30.4 pct of children in Malaysia fully vaccinated | N Korea reports one additional death amid COVID-19 outbreak | S Korea to resume issuing short-term travel visas, e-visas next month | Biden's daughter tests positive for COVID-19 | 

BK Alliance to buy land from Suez Domain for RM20.91 mln

13/01/2021 06:55 PM

KUALA LUMPUR, Jan 13 -- BK Alliance Sdn Bhd, a 51 per cent owned subsidiary of BKG Development Sdn Bhd, has entered into a sale and purchase agreement with Suez Domain Sdn Bhd to acquire a piece of land for RM20.91 million.

BKG Development is a wholly-owned subsidiary of Chin Hin Group Property Bhd.

In a filing with Bursa Malaysia today, Chin Hin said the purchase price for the acquisition will be funded by a combination of internally generated funds, bank borrowings and fundraising exercise.

"The acquisition is in line with the overall strategy of Chin Hin group and to expand its property development segment. The group continuously sources for new land bank at accessible locations for potential development. 

"The property measuring 1,943 square metres is located about 4.8 km southwest of Kuala Lumpur," it said.




Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter :, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy