Thursday, June 30, 2011

Sapura Resources to lodge objection over land acquisition

KUALA LUMPUR: SAPURA RESOURCES BHD [] will be lodging an objection over the compulsory acquisition of its land in Subang Jaya to house the Universiti Kuala Lumpur Malaysian Institute of Aviation TECHNOLOGY [] (UNIKL MIAT) campus.

It said on Thursday, June 30 that it had been served with the form 'Borang H'' (Pemberitahu Pemberian dan Tawaran Pampasan)' where an''offer of compensation''for a sum''of''RM62.96 million had been''made by the office of the Director General of the Federal Land and Mines Department, Selangor.

It said the land measuring 86,570.55 sq meters was held under PT 40446 H.S.(D) 259959'' Pekan Sungai Buluh, district of Petaling.

'The company will be lodging its objection''and is also taking legal advice on''its other options.

'Further announcement will be made in due course,' said Sapura Resources.

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