MK Land Holdings Bhd is projecting a sales target of RM350 million for its financial year ending June 30, 2009 (FY09), under its turnaround plan, its chairman Tan Sri Mustapha Kamal said.
He said the target would be achieved through sales of land, the selling of completed unsold units, units from current launches as well as new launches early next year
Mustapha Kamal said the "Renaissance" turnaround plan, which would be implemented in three phases over a period of three to five years, was started in July this year - a month after he took over the management of the group by assuming the post of chief executive on June 25.
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