<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 2): Kerjaya Prospek Property Bhd is buying a piece of land near its Bloomsvale mixed development project in Old Klang Road for RM15.13 million.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The group said its wholly-owned subsidiary Kerjaya Property Sdn Bhd is buying the freehold land from Span Holdings Sdn Bhd.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>“The company intends to develop the land to complement its Bloomsvale project,” the group added in a filing with Bursa Malaysia.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Kerjaya Prospek said the acquisition will enable the group to focus on its core business of property development and to expand and strengthen its landbank size.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The acquisition, which is expected to be completed by January next year, will be funded by cash via internally generated funds and or bank borrowings, the group said.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Shares in Kerjaya Prospek closed unchanged at 60 sen, valuing the group at RM120.1 million. The counter saw 10,400 shares transacted.&nbsp;<br />
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Kerjaya Prospek Property Bhd is buying a piece of land near its Bloomsvale mixed development project in Old Klang Road for RM15.13 million.

Kerjaya Prospek Property buys land near its Bloomsvale project

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