In its filing with Bursa Malaysia, the tiles distributor said its wholly-owned subsidiary Yi-Lai Industry Bhd (YLIB) had proposed to sell the 5,772.3 square metre land for a total consideration of RM15mil to Glass & Plastic Packaging Sdn Bhd.
PETALING JAYA: Yi-Lai Bhd is expected to make a gain of RM10mil from its proposed disposal of a piece of leasehold land in Petaling Jaya, Selangor.
In its filing with Bursa Malaysia, the tiles distributor said its wholly-owned subsidiary Yi-Lai Industry Bhd (YLIB) had proposed to sell the 5,772.3 square metre land for a total consideration of RM15mil to Glass & Plastic Packaging Sdn Bhd.
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