MPHB says no sale yet

  • Business
  • Wednesday, 17 Aug 2011

PETALING JAYA: In line with its asset rationalisation exercise, Multi-Purpose Holdings Bhd is engaged in negotiations with various parties for the disposal of its non-core assets.

At this juncture, however, the company has not entered into any definitive agreement for the sale of Menara Multi-Purpose.

The company said this in an announcement to Bursa Malaysia with reference to an article titled “MCA in talks to buy Menara Multi-Purpose” which appeared in a financial daily on Monday.

It also said it would make the necessary announcement(s) in accordance with the Main Market Listing Requirements of Bursa Malaysia if any definitive agreements had been entered into for the sale of the non-core assets which include Menara Multi-Purpose.

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