KUALA LUMPUR (April 6): Lion Diversified Holdings Bhd said part of its land in Kuala Langat district in Selangor has been compulsorily acquired by the land office, with a compensation sum of RM11.74 million.
The group said the land was required for the routing of the 500kV power transmission by Tenaga Nasional Bhd.
"The company had on April 4, 2018 received the compensation sum. The compensation sum was accepted under protest," it said in a filing to Bursa Malaysia.