Eversendai to sell land for RM63mil


PETALING JAYA: Eversendai Corp Bhd (ECB) has proposed to dispose of two parcels of freehold land in Sungai Buloh for RM63mil.

The agreement was made by its wholly owned subsidiary, ECB Properties Sdn Bhd, with Pelangi Tulus Sdn Bhd for the disposal of the 4,088 sq m and 4,065 sq m parcels. The group said proceeds from the disposal will be fully utilised to repay an outstanding banking facility.

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

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
Dubai luxe property keeps booming

Others Also Read