Thursday 10 November 2011

Meda Inc to buy Pesona Alfa

MEDA Inc Bhd has proposed to buy over property developer Pesona Alfa Sdn Bhd from its shareholder for RM35 million.

Pesona has a subsidiary which owns a 5.8ha parcel of commercial land within the township of Cyberjaya, Selangor.

The acquisition will be made through internally generated funds, Meda said in a filing to Bursa Malaysia yesterday.
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