Barefoot Investor: Berjaya Land advances on Penang land acquisition

Berjaya Land shares rose today after the company announced it was buying 57 acres of prime freehold land from Penang Turf Club for RM459 million for residential property projects with gross development value (GDV) of about RM1.52 billion.

Berjaya Land added three sen to RM1.10 with 618,000 shares done.

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