Hua Yang plans RM243mil project

Hua Yang Bhd plans a mixed development project on 4.9 acres in Penang with a gross development value of RM242.8mil.

It said in a filing with Bursa Malaysia yesterday that it had signed a conditional agreement with Goldentime Project Sdn Bhd to buy the freehold land for RM21.98mil.

Hua Yang proposed to develop 720 service apartments and 36 shoplots on the land. - By The Star