PETALING JAYA: BWYS Group Bhd is disposing of two parcels of freehold properties in Bandar Butterworth, Penang to Hung Shang Property Sdn Bhd totalling 8,729 sq m, for RM11.28mil.
In a filing with Bursa Malaysia, the manufacturer of sheet metal products said the disposal will allow the group to monetise non-core assets, improve liquidity and reallocate resources for core business expansion.
