UOA is acquiring a large piece of land.

More news soon.

Owned Happy Garden, then acquired the one opposite the site across Highway.

This post has been edited by accetera: Feb 27 2018, 08:27 PM

Will draw draw the map next week.

Planned for 2018 onwards.

1,386 units

This land was officially acquired today.


UOA Development acquires land in Sri Petaling for RM61m for mixed development
By SYAHIRAH SYED JAAFAR
https://www.edgeprop.my/content/1286628/uoa...xed-development

KUALA LUMPUR (Feb 24): UOA Development Bhd is acquiring a property development company that owns 9.4 acres of freehold land in Sri Petaling, for RM61.06 million.

“The land is expected to be used for mixed development with a residential focus complemented by some commercial elements. The total gross development value is estimated to be RM1 billion,” the group said in a filing with Bursa Malaysia.

UOA Development said it will pay cash from internally-generated funds for the acquisition of Cosmo Housing Development Sdn Bhd.

It added that the acquisition is expected to contribute positively to its earnings when the development of the land commences.

UOA Development's share price closed up four sen or 1.56% at RM2.61 yesterday, with a market capitalisation of RM4.49 billion. — theedgemarkets.com

The many lands here are split to two parts ya. Happy Garden side was already owned before this acquisition of Sri Petaling.

This post has been edited by accetera: Feb 27 2018, 11:40 PM