SINGAPORE (Oct 5): ABR Holdings, the operator of Swenson’s chain of restaurants, is acquiring its second land plot in Kuala Lumpur, Malaysia, for about RM4.95 million ($1.59 million).

The location of the land is adjacent to the group’s first land plot acquired on Sept 20 for about RM3.56 million.

The land has a leasehold interest of 99 years expiring on June 30, 2068 and has an area of around 1,533.5 sqm.

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