LTKM Bhd’s wholly-owned subsidiary, LTK Properties Sdn Bhd, is buying four pieces of freehold land, totalling 8.5ha, in Kuala Langat, Selangor, from Hock Ban Seong & Co Sdn Bhd for RM9.48 million.
LTKM said the company plans a mixed residential property development on the lands, with a gross development value of RM65 million.
It said the development could be in three to four phases, with each taking an estimated two to three years to complete.
By Business Times
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