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Malaysian Resources Corp Bhd 60% owned Excellent Bonanza Sdn Bhd has recently purchased two parcels of land measuring 95,131sq ft in Kuala Lumpur Sentral from Kuala Lumpur Sentral Sdn Bhd for RM99
million.
The land is planned to be developed into a boutique business hotel and office towers, boasting a gross development value of at least RM620 million, said a statement.
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