NuProp Team

PROPERTY NEWS: TWL purchases land plots for RM45mil from Sime Darby

Key takeaway:

Indirect subsidiaries of TWL Holdings Bhd are purchasing Sime Darby Property (Bukit Raja) Sdn Bhd for a total of RM45 million for several freehold land lots in Damansara, Petaling Jaya.

According to the company, Tinta Kaca Development Sdn Bhd, an 80 per cent subsidiary of TWL Commodity Sdn Bhd, and Sime Darby Property Bukit Raja have signed into a novation cum supplementary sale and purchase agreement to buy one of the plots for RM10 million.

©️ August, 2022, 

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