The consideration was paid in cash with an initial deposit of 10%, followed by by the balance upon the completion of the transaction.
Singapore's Mercurius' unit opens five grocery stores in Malaysia, with another five to open in October
The addition of the stores will see the group having a total of 23 stores in its portfolio by end October.
Aspen Vision Builders Sdn Bhd, the subsidiary of SGX-listed Aspen Group, has sold two units in Beacon Executive Suites in Penang, Malaysia, for RM1.3 million.
The group’s indirect wholly-owned subsidiary, Trackplus Sdn Bhd, entered into a sale and purchase agreement (SPA) on Sept 15 with Armani Alliance Sdn Bhd. The SPA was conducted in relation to the sale of a property located at No. 8 Jalan Lompat Galah 13/36, Seksyen 13, 40100 Shah Alam, Selangor Darul Ehsan
The top-floor unit on the 40th floor is part of the 296-unit DBSS Trivelis in Clementi HDB Town, developed by EL Development
Awana Rentak currently owns 48.4 acres of industrial land in Tanjung Malim, which it has unsuccessfully tried to sell in the last two years.
Chinese corporates view Singapore and Malaysia as top destinations for growth opportunities in Asean, says StanChart
The survey was done for the bank’s Borderless Business: China-Asean Corridor report, which explores potential opportunities for cross-border growth between both regions.
CapitaLand to restructure business, new entity to be listed on SGX; shareholders to receive implied consideration of S$4.102 per share
The scheme will also place the real estate development business of the group under private ownership to be fully held by CLA through the proposed privatisation of CapitaLand on completion of the scheme.
Aspen Group to award machinery procurement for Aspen gloves by early Feb, to launch new projects worth RM500m within its Aspen Vision City masterplan
“We are pleased to announce that we have officially moved to the Mainboard after trading on the Catalist Board for the last 3.5 years.”