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Brem Holdings in pact to buy land

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BREM Holdings Bhd’s 75 per cent owned unit, Harmony Property Sdn Bhd, has agreed to buy two parcels of 33.28 acres vacant land from Pembinaan Tegas Megah Sdn Bhd for RM69.5 million.

The land in Setiawangsa, Kuala Lumpur, has positive residential property development potential and is part of its plan to
accumulate strategic landbank.

By Business Times

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