JPK Holdings disposing properties worth RM5.12 million

KUALA LUMPUR: JPK Holdings Bhd, a manufacturer of precision plastic injection moulded parts is selling off 40 of its properties at a total value of RM5.12 million.

Its unit JPK (Malaysia) Sdn Bhd had on May 14 entered into sale and purchase agreements with respective purchasers for the disposal of the properties, it said in a listing on Bursa Malaysia on Monday May 17.

The purchasers are individual buyers and a company called Lian Ping Holdings Sdn Bhd.

JPK (Malaysia) was incorporated in Malaysia on November 20, 1989 with authorised capital of RM10 million comprising 10 million shares of RM1 each. The paid up capital is RM5.4 million comprising 5.4 million shares of RM1 each.
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