KUALA LUMPUR: SC Estate Builder Bhd
's (SCBuild) wholly-owned subsidiary, SC Estate Construction Sdn Bhd (SCEC) has inked a sale and purchase agreement (SPA) with Pioneer Privilege Sdn Bhd to dispose of a vacant freehold land in Alor Setar, Kedah for RM7.93 million.
In a filing with Bursa Malaysia, SCBuild said proceeds from the proposed disposal would be used to enhance its working capital to facilitate its renewable energy businesses.
