Indonesia's Mulia Group buys land from 1MDB
It agrees to pay RM665m for plot and development rights for TRX's signature tower
Kuala Lumpur
ANOTHER buyer for assets linked to Malaysia's troubled strategic-development company 1MDB has emerged - after at least two earlier prospects pulled out of the deal.
Indonesia's Mulia Group has agreed to pay RM665 million (S$245 million) for a plot of land, together with the development rights to a landmark tower in Kuala Lumpur's Tun Razak Exchange (TRX), for which 1MDB is the master developer.
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