KUALA LUMPUR: Land & General Bhd shares were active in early trade on Thursday, Dec 23 after the company said yesterday its unit was acquiring land and PROPERTIES [] in Negeri Sembilan for an upscale residential development.
At 10.30am, L&G was up 1.5 sen to 50 sen with 12.51 million shares traded.
L&G said it was planning the property project with an estimated gross development value of RM555 million following its latest corporate move to acquire land and properties within the Tuanku Jaafar Golf and Country Resort in Negeri Sembilan for RM25 million cash.
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