Benalec's core businesses are integrated marine construction and land reclamation.
KUALA LUMPUR: Benalec
Holding Bhd has rejected an offer from Spring Gallery Bhd's unit Million Rich Development Sdn Bhd involving the purchase of 12 plots of land in Melaka.
Benalec, which is involved in land reclamation, said on Wedneday it had received three letters of offer from Spring Gallery's unit Million Rich Development Sdn Bhd to purchase the plots of land.
“The management is of the view that the offer is not in the best interest of the company and therefore have decided not to accept the said offer,” it said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
