Eversendai to sell land for RM63mil


PETALING JAYA: Eversendai Corp Bhd (ECB) has proposed to dispose of two parcels of freehold land in Sungai Buloh for RM63mil.

The agreement was made by its wholly owned subsidiary, ECB Properties Sdn Bhd, with Pelangi Tulus Sdn Bhd for the disposal of the 4,088 sq m and 4,065 sq m parcels. The group said proceeds from the disposal will be fully utilised to repay an outstanding banking facility.

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