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What is Fajarbaru about?

♦ RM15m for 3.5-acre land in Pulau Melaka. Fajarbaru has proposed to acquire from three individuals the entire equity interest in Temasek Perkasa Sdn Bhd (Temasek Perkasa) for RM15m. Temasek Perkasa owns 3.5 acres of land with sea frontage in Pulau Melaka, Melaka. We understand that Fajarbaru has plan to put in another RM55-65m to build a “high-end” hotel on the site.

Author

Rhb Invest

Language

EN