KUALA LUMPUR: Glomac Bhd
’s associate is selling its office building in Melbourne, Australia for A$43.80mil (RM132.46mil) as it seeks to focus on the Malaysian real estate market.
It said on Tuesday its 45.85% owned VIP & Glomac Pty Ltd (VIPG) had inked a contract of sale to dispose of the building, to Hiap Hoe Limited, which is involved in property investment, development and construction.
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