Seacera proposes to sell and lease back property


PETALING JAYA: Seacera Tiles Bhd has proposed to dispose of four parcels of freehold land of 59,053 sq m together with a factory to Suong Sdn Bhd for RM62mil and lease back the property.

Seacera said RM47mil from the sale of the property in Bandar Selayang, Gombak, would be satisfied by cash and the remaining RM15mil via development property method.

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