AN announcement to Bursa Malaysia by an obscure company last Tuesday points to a current trend among the corporates. Seal Inc Bhd said it would sell its investment property, Selayang Mall on the outskirts of Kuala Lumpur, to Amanah Raya Bhd for RM120mil cash.
Seal will continue to manage the Selayang Mall as the building will be leased back to it.
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