Chin Hin to dispose of industrial properties for RM19mil


KUALA LUMPUR: Chin Hin Group Property Bhd (CHGP) has signed a sale and purchase agreement (SPA) with Miroad Rubber Industries Sdn Bhd (MRISB) for the disposal of two freehold industrial plots in Johor for RM19.3mil in cash.

The transaction involves Lot 240, a 1.35ha parcel of vacant land, and Lot 44506, an 0.89-ha parcel with a 14-year-old detached workshop and office annex. Both sites are located along Jalan Kangkar Tebrau, Kampung Kangkar Tebrau.

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