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Duty Free International releases update on compulsory land acquisition notice

Ashley Lo
Ashley Lo • 1 min read
Duty Free International releases update on compulsory land acquisition notice
The group’s wholly-owned subsidiary, Cergasjaya Sdn Bhd, has received notices from the land administrator to take formal possession of Borang K and Borang L. Photo: Duty Free International
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Duty-free retailing group Duty Free International (SGX:5SO)  has released an update on the compulsory land acquisition for several of its land lots in Malaysia. 

The group’s wholly-owned subsidiary, Cergasjaya Sdn Bhd, has received notices from the land administrator to take formal possession of Borang K and Borang L. 

On Oct 3, the group announced that it had received a notice of compulsory land acquisition for several of its land lots in Malaysia by the Ministry of Home Affairs of Malaysia (KDN), comprising  Lot 1683 Bukit Kayu Hitam and PT2209 Bukit Kayu Hitam. 

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