Benalec turns down Spring Gallery's land offer sale in Melaka


Benalec's core businesses are integrated marine construction and land reclamation.

KUALA LUMPUR: Benalec Holding Bhd has rejected an offer from Spring Gallery Bhd's unit Million Rich Development Sdn Bhd involving the purchase of 12 plots of land in Melaka.

Benalec, which is involved in land reclamation, said on Wedneday it had received three letters of offer from Spring Gallery's unit  Million Rich Development Sdn Bhd to purchase the plots of land.

“The management is of the view that the offer is not in the best interest of the company and therefore have decided not to accept the said offer,” it said.

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