PLB Engineering to rake in RM10.76m gain from Penang land disposal

Aug 07

PLB Engineering said its wholly-owned subsidiary PLB Land Sdn Bhd had entered into a sale and purchase agreement with Milenium Baru Sdn Bhd on Aug 7 for the disposal.

Hextar Technologies to exit warehouse segment after RM78.31 mil land disposal

Jul 05

“Upon completion of the (disposed) proposals, HexTech will continue mainly with its logistics, trading and technology and other businesses, such as insurance agency and investment holding,” HexTech said in a filing on Tuesday (July 4).

Gains from Genting Malaysia’s Miami land disposal a large windfall, says Nomura

Apr 27

In a note, Nomura analysts Tushar Mohata and Alpa Aggarwal said the sale was a very positive development for the company and its parent, Genting Bhd.

Southern Steel disposes of lands in Johor for RM65m to repay borrowings

Dec 03

KUALA LUMPUR (Dec 3): Southern Steel Bhd is disposing of two parcels of land in Sungai Tiram, Johor for RM65 million cash, to repay the group’s borrowings.

Amcorp Properties sinks deeper into the red in 1Q despite higher revenue

Sep 14

KUALA LUMPUR (Sept 14): Amcorp Properties Bhd sank into a deeper net loss of RM7.

Analysts raise S P Setia target price on Tebrau land disposal

May 10

KUALA LUMPUR (May 10): Analysts have raised their target prices (TPs) for S P Setia Bhd after the company sold eight parcels of land measuring 959.

Guocoland back in the black in 3Q, thanks to land disposal

Apr 24

KUALA LUMPUR (April 24): Guocoland (M) Bhd reported a net profit of RM73.

Sunzen Biotech to sell Klang asset to save cost

Nov 12

KUALA LUMPUR (Nov 12): Sunzen Biotech Bhd is disposing of a 4,047 sq metre freehold land in Klang that houses a three-storey factory building, for RM14.