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Magna City project to be downsized
PETALING JAYA: Magna Prima Bhd has downsized its Magna City project in Kuala Lumpur to RM600mil from RM1.1bil in gross development value (GDV) due to slowing growth, according to chief executive officer Lim Ching Choy. “In view of the slowing economy, we reposition our development to suit the market demands,” Lim told StarBiz. “We... »