Magma Group's subsidiary faces legal challenge over Tioman land deal

Quick Summary:

KUALA LUMPUR: Magma Group Bhd’s subsidiary, Impiana Selo Tioman Resorts Sdn Bhd, has been hit with a writ of summons and a statement of claim from Marc Bovell Paul Desmidt and Erin Camille Desmidt over an alleged breach of a sale and purchase agreement (SPA).

Tuju Setia unit secures RM247.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaOman

Topics: Tioman Land /Business/Business News Magma Group Corporate News Impiana Selo Tioman

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 15:41:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 276 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22191684

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 49 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 28 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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