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Article: Hap Seng scouting for properties in KL

Article from:
New Straits Times
Article date:
July 17, 2009
Author:
Copyright

Sharen Kaur
New Straits Times
07-17-2009
Hap Seng scouting for properties in KL
Byline: Sharen Kaur
Edition: Main/Lifestyle
Section: Business Times
Type: Company

PLANTATION and property group Hap Seng Consolidated Bhd said it has been offered prime commercial buildings in Kuala Lumpur but it would only consider buying if the price is right.

"There are a few parties who have offered us. But they are asking too much. We will do due diligence only if we think the offer is good," said Datuk Paul Ng Kee Seng, the chief executive of Hap Seng Land Sdn Bhd, the property arm of Hap Seng.
Hap Seng is scouting for properties in Kuala Lumpur to build up its investment portfolio.

The group is now in the ...

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