Tuesday 10 May 2016

Tropicana’s sale of Dijaya Plaza goes unconditional

Tropicana is selling the Dijaya Plaza office building to Kenanga Investment Bank Bhd for RM140 million cash. The disposal consists of 3,674 sq meter of freehold land together with an en-bloc 19-storey office tower and 322 parking bays over two levels of basement. The conditions precedent for the proposed disposal has been satisfied and the disposal is expected to be completed in second quarter this year.

(The edge property, 12/04/2016)

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