PETALING JAYA: UMW Holdings Bhd
(UMW) is disposing of a 22.22-acre piece of land in Serendah, Selangor to Perusahaan Otomobil Kedua Sdn Bhd (Perodua) for RM52.27mil.
In a filing with Bursa Malaysia, UMW said the disposal of the land, which is located within the UMW high value manufacturing park, will provide a positive financial impact to its income statement, balance sheet and cashflow.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
