Senheng New Retail sells vacant land in Johor
The consumer electrical and electronic products retailer said the property has increased in value since it was acquired at a cost of RM7.
The consumer electrical and electronic products retailer said the property has increased in value since it was acquired at a cost of RM7.
Ge-Shen said the RM35 million disposal consideration represents an 8.
He also stated that the company had an average take-up rate of about 96% for its completed projects, indicating favourable responses for its products.
“By reason of the breach of the master agreement by Vienna Advantage, Cahya Mata IT has suffered losses and damages.
HCK Capital is controlled by its executive chairman Tan Sri Clement Hii Chii Kok @ Hii Chee Kok with 55.
"The sale proceeds from the proposed disposal are intended to repay bank borrowings associated with the property, with the remainder to be utilised by Mulpha International group as part of its business activities.
The developers’ respective master-planned townships were recognised for their design excellence.
Seven floors of the property, totalling 35,904 square feet, are rented to Commerce Dot Com Sdn Bhd while the remaining floor, encompassing 4,471 square feet, serves as an office for Awantec and its units.
The land, owned by Compugates’ 70%-owned subsidiary Compugates Development and Mining Sdn Bhd (CDMSB), has a market value of RM134.
In a filing with Bursa Malaysia on Friday, DXN said it has issued a 30-day notice of termination to both MMHO and EW.