Utusan sells PJ shop office for RM7mil


In a filing with Bursa Malaysia, Utusan said the property is located at Lot 648, Jalan Tiga Off Jalan Chan Sow Lin.

KUALA LUMPUR: Utusan Malaysia (M) Bhd has agreed to sell a five-storey corner shop office in Seksyen 14, Petaling Jaya to Eden Resources Sdn Bhd for RM7mil.

Net proceeds from the disposal will be utilised to fund working capital requirements and finance its day-to-day operations, the newspaper publisher said in a filing with the stock exchange on Tuesday.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read