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China developer pays RM4.5b for Johor land

Tuesday, December 3, 2013 - 06:00

[SHANGHAI] Guangzhou R&F Properties Co, a landlord in the southern Chinese city's business district, will pay RM4.5 billion (S$1.8 billion) to the Johor royal family for six sites in Malaysia, marking its first acquisition abroad. The developer plans to build commercial and residential