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Sealink sells Miri land for RM26.5m, expects RM19m gain

While it is unclear as to how much was Sealink’s investment cost to acquire the land, the group said in a filing with Bursa Malaysia that the expected gain from the sale to CMS is about RM19 million, based on the net book value as per audited accounts for the year ended Dec 31, 2017.

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Battersea Phase 2 deal may see another delay

The extension — from its Sept 30 deadline — will “possibly” occur as the parties involved are still ironing out the terms involved, said PNB president and chief executive officer Datuk Abdul Rahman Ahmad.

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