Mulpha International disposes of Australian shopping centre for RM233mil


PETALING JAYA: Mulpha International Bhd (MIB) is disposing of the Capri on Via Roma shopping centre in Queensland, Australia to Capri Holding GC Pty Ltd for A$85.5mil (or approximately RM233.42mil).

In a filing with Bursa Malaysia, MIB said the proposed disposal will enable the group to recycle its invested capital, thus strengthening its cash flow.

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