PETALING JAYA: Mieco Chipboard Bhd
has entered into a conditional sale and purchase agreement with G-Force Sdn Bhd to dispose of two pieces of industrial land in Kuantan, Pahang for RM40mil.
In a filing to Bursa Malaysia, the manufacturer of particle boards said the aim of disposing of the land is to ensure its sustainability, improve its liquidity and fortify the group’s financial position.
