Sapura Resources to lodge objection over land acquisition
Page 1 of 1
Sapura Resources to lodge objection over land acquisition
KUALA LUMPUR: SAPURA RESOURCES BHD [] will be lodging an objection over the compulsory acquisition of its land in Subang Jaya to house the Universiti Kuala Lumpur Malaysian Institute of Aviation TECHNOLOGY [] (UNIKL MIAT) campus.
It said on Thursday, June 30 that it had been served with the form “Borang H (Pemberitahu Pemberian dan Tawaran Pampasan)” where an offer of compensation for a sum of RM62.96 million had been made by the office of the Director General of the Federal Land and Mines Department, Selangor.
It said the land measuring 86,570.55 sq meters was held under PT 40446 H.S.(D) 259959 Pekan Sungai Buluh, district of Petaling.
“The company will be lodging its objection and is also taking legal advice on its other options.
“Further announcement will be made in due course,” said Sapura Resources.
It said on Thursday, June 30 that it had been served with the form “Borang H (Pemberitahu Pemberian dan Tawaran Pampasan)” where an offer of compensation for a sum of RM62.96 million had been made by the office of the Director General of the Federal Land and Mines Department, Selangor.
It said the land measuring 86,570.55 sq meters was held under PT 40446 H.S.(D) 259959 Pekan Sungai Buluh, district of Petaling.
“The company will be lodging its objection and is also taking legal advice on its other options.
“Further announcement will be made in due course,” said Sapura Resources.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics
» Stocks With Momentum Borneo Oil, DPS Resources, Sapura Resources, XOX, Ajiya, Quality Concrete
» Stocks With Momentum DPS Resources, Seacera, Can-One, Sapura Resources, Instacom
» BNM: No objection to BIMB's proposed acquisition of remaining stake in Bank Islam
» Jan20-Companies in the news Guinness Anchor, Favelle Favco, Yong Tai, Sapura Resources, BTM Resources, Lay Hong, MQ Tech, Cybertowers and Scan
» Sapura Resources posts RM7.14m net profit in 2Q
» Stocks With Momentum DPS Resources, Seacera, Can-One, Sapura Resources, Instacom
» BNM: No objection to BIMB's proposed acquisition of remaining stake in Bank Islam
» Jan20-Companies in the news Guinness Anchor, Favelle Favco, Yong Tai, Sapura Resources, BTM Resources, Lay Hong, MQ Tech, Cybertowers and Scan
» Sapura Resources posts RM7.14m net profit in 2Q
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum