The 20-year contract secured by its unit Metro Parking Management Philippines Inc would also include the construction of an additional 208-bays of steel deck parking structure in MBP - a bustling business hub in the affluent suburb near Alabang Town Centre, one of Metro Manila
KUALA LUMPUR: Advance Synergy Bhd
(ASB) has agreed to sell its factory and warehouse in Shah Alam, Selangor to a unit of Mapletree Dextra Pte Ltd for RM124mil cash.Proceeds from the proposed disposal will be utilised to repay loans and refurbish the group’s hotels and a newly acquired commercial building, ASB said in a filing with Bursa Malaysia yesterday.
The proposed disposal is expected to be completed by fourth quarter of 2019.
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