Maui Land & Pineapple Company Inc. has entered into a purchase agreement to sell a 30-acre parcel of unimproved land in Lahaina, Hawaii, to its CEO, Race A. Randle, for $1.2 million. The transaction was approved by the company's Board of Directors based on an independent appraisal confirming the price exceeds current fair market value. The buyer plans to develop the property as a farm and home.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maui Land and Pineapple Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-002819), on February 03, 2026, and is solely responsible for the information contained therein.