UOA buys more land near Bangsar South

New Straits Times - - Business -

KUALA LUMPUR: UOA De­vel­op­ment Bhd is ac­quir­ing three parcels of free­hold land, mea­sur­ing 9,686.68 sq m, from Suileem Realty Sdn Bhd for RM81.09 mil­lion. The com­pany said the ac­qui­si­tion was in line with UOA’s strat­egy of ge­o­graph­i­cal fo­cus on de­vel­op­ment within the Klang Valley. The land is lo­cated in a strate­gic lo­ca­tion within close prox­im­ity to the Bangsar South City, an an­chor project of UOA. It said the ac­qui­si­tion would be sat­is­fied by cash from in­ter­nally gen­er­ated funds.

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