PETALING JAYA: DRB-Hicom Bhd
has proposed to dispose of a large portion of its non-industrial property assets and its entire hospitality portfolio for industrial land in Johor in a deal worth RM1.9bil.
The diversified group, which is controlled by local businessman Tan Sri Syed Mokhtar Al-Bukhary, said the disposal was part of an exercise to set a new direction for its property business.
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