Tuesday 10 May 2016

Gabungan AQRS’s unit to sell land in Selangor for RM50.38 million

Gabungan AQRS Bhd’s 52% owned unit, Prestige Field Development Sdn Bhd (PFDSB), has entered into a sale and purchase agreement with Stratmont Development Sdn Bhd for a proposed disposal of a 7.977 acre (3.228 hectare) leasehold land in Selangor for RM50.38 million. The expected gain from the proposed disposal of the land is about RM14.70 million. It is expected to be completed by the financial year ending December 31, 2016.

(iProperty, 07/04/2016)

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