Lion Industries sells Klang asset for RM45 mil to pare debts

KUALA LUMPUR (April 13): Lion Industries Corp Bhd is selling an industrial property in Kapar, Klang, to Yinson Corp Sdn Bhd for RM45 million to partly settle some outstanding debts owed by its 99%-owned Amsteel Mills Sdn Bhd (AMSB), after which it will lease back the asset from Yinson Corp.

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Village Grocer buys B.I.G.

PETALING JAYA (April 13): Village Grocer Holdings Sdn Bhd (VGH), the owner of premium supermarket chain Village Grocer has acquired a 100% stake in Ben’s Independent Grocer Sdn Bhd (B.

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