PETALING JAYA: Olympia Industries Bhd has decided to abort the proposed disposal of its flagship corporate building Menara Olympia in Kuala Lumpur to Jelita Timur Sdn Bhd.
It announced to Bursa Malaysia yesterday that Jelita Timur said it would withdraw from the transaction due to the delay on Olympia’s part in obtaining the requisite approvals to date and the inability of the company to complete the sale at this juncture.
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