Talam Transform disposes land to IJM Properties


KUALA LUMPUR: Talam Transform Bhd's unit Talam Leisure Development Sdn Bhd has proposed to dispose of a piece of commercial leasehold land measuring 27.72 acres in Sepang to IJM Properties Sdn Bhd (IJMP).

The land disposal price will be fulfilled by way of setting off a sum of RM66mil of the indebtedness and RM18mil interest waiver on what is owed by the Talam Transform Group to IJMP, it said in a Bursa Malaysia announcement.

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