PETALING JAYA: Perak Corp Bhd
and its holding corporation, Perbadanan Kemajuan Negeri Perak are disposing of three plots of state land Lumut, Perak measuring approximately 17.35 acres to Lumut Maritime Terminal Sdn Bhd (LMTSB) for RM8.53mil.
In a filing with Bursa Malaysia, Perak Corp said LMTSB is an indirect subsidiary in which Perak Corp holds a 50% plus one share, thus constituting an intercompany transaction within the Perak Corp Group.
