SBC terminates TM Facilities land deal
SBC Corp Bhd has terminated a joint land development agreement signed with TM Facilities Sdn Bhd as both parties failed to obtain approval from related authorities. Both parties entered into a development agreement in 2005 to develop a 2.1ha leasehold land in Petaling, Selangor, and turn it into a commercial and residential area. The termination is not expected to have any material impact on SBC …
SBC Corp Bhd has terminated a joint land development agreement signed with TM Facilities Sdn Bhd as both parties failed to obtain approval from related authorities. Both parties entered into a development agreement in 2005 to develop a 2.1ha leasehold land in Petaling, Selangor, and turn it into a commercial and residential area. The termination is not expected to have any material impact on SBC …
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SBC terminates TM Facilities land deal
