SBC Corp to sell KL land for RM36mil


KUALA LUMPUR: SBC Corp Bhd has proposed to dispose of a piece of land measuring 8,962 square metres in Kuala Lumpur for RM36mil to MEGX Holdings Sdn Bhd.

In a filing with Bursa Malaysia, SBC said its indirect wholly-owned subsidiary, Kiara East Property Sdn Bhd entered into a sale and purchase agreement (SPA) with MEGX for the proposed land disposal.

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