Paragon Globe sells GBH and Crown Lynn ceramic businesses to Jasa Kita


KUALA LUMPUR: Property firm Paragon Globe Bhd, formerly known as Goh Ban Huat Bhd (GBH), has entered into a deal to dispose its ceramic wares business to power tools maker and distributor Jasa Kita Bhd for RM10.2mil.

Under the deal, Jasa Kita will purchase GBH Bathroom Products Sdn Bhd for RM4.85mil cash and take over Crown Lynn Sdn Bhd's liabilities of RM5.35mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Paragon Globe , GBH , Jasa Kita

   

Next In Business News

Ekuinas acquires 80% stake in pharma ingredients producer Symbiotica
LPI Capital expected to lead in fire class insurance market
MKHOP makes market debut with 1.6% premium
K-Konsult and Vimigo in investment collaboration
Plant in fire outbreak not Kossan unit
Capital A positive about higher returns this year
Bangkok airports set for US$4.8bil expansion
Lamborghini tiptoes toward EV with new SUV
Kucingko to be first animation studio to be listed
Tasco posts weak earnings due to international freight forwarding ops

Others Also Read