Benalec stands to gain RM4mil from land sale

PETALING JAYA: Benalec Holdings Bhd is expected to make a net gain of RM4.17mil from the proposed disposal of its beneficial interest in 4.252 acres of commercial land in Malacca.

The civil engineering firm told Bursa Malaysia that the net gain would represent earnings per share of half a sen and would improve the company’s net asset per share from 74 sen to 75 sen based on its total issued capital of 799.14 million shares as of June 30, 2015.

Limited time offer:
Just RM5 per month.

Monthly Plan


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

Annual Plan


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!

Business , Benalec , land


Next In Business News

FBM KLCI hits intraday low; Lagenda Properties dives on MACC probe
BOJ policymaker hints at rate hike if yen's impact on inflation is big
Alliance Bank and SkyWorld team up to offer enhanced home financing
E&O to launch projects with RM1.63bil GDV
Oil advances as major producers expected to keep output cuts in place
Freight hikes force shippers to get creative
SC to launch social exchange by end of year - chairman
Hong Kong home prices rise 0.3% in April from March
China's state banks step in to support as yuan weakens to six-month low, sources say
PETRONAS Chemicals registers improved net profit of RM668mil in 1Q

Others Also Read