Maui Land & Pineapple sells 646 acres in Kula, Hawaii for $9.7 million

MAUI LAND & PINEAPPLE CO INC

Three contiguous parcels totaling 646 acres in Omaopio, Kula sold for $9,700,000.
Buyers Mr. Michl Binderbauer and Mr. Hong, Liang provide $2,000,000 refundable deposit within 5 business days.
30-day due diligence period; closing 30 days after its expiration subject to customary conditions.
Sale includes parcels TMK 2-2-3-8-4, 2-2-3-8-30, and 2-2-3-8-47.

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