SkyGate Solutions to sell Bayan Lepas factory for RM39.8mil


KUALA LUMPUR: SkyGate Solutions Bhd’s subsidiary, SkyGate Integration Sdn Bhd has entered into a conditional sale and purchase agreement (SPA) with Ambu Sdn Bhd to dispose of its factory building in Bayan Lepas, Penang for RM39.8mil.

In a filing with Bursa Malaysia, SkyGate Solutions said the leasehold property, which expires on March 3, 2042, is approximately 54 years old.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SkyGate Solutions , factory , Bayan Lepas , Penang

Next In Business News

Trading ideas: Zetrix AI, Nothern Solar, Datasonic, Aemullus, Salutica, Axteria, Landmarks, MMM, EGH, Speedy Best, Ancile Tech
IMF: AI, energy prices shaping global economy
RedPlanet eyes bigger rail projects
CPO resilient
Yinson upstream unit raises fresh debt for FPSO Agogo
Shrinking orders cloud Mitrajaya Holdings outlook
Landmarks in RM4.48mil resort purchase
Northern Solar bags RM34mil EPCC contract for 9.5MW solar plant
Aemulus in RM15mil contract win
Temasek flags AI unwind, inflation as market risks

Others Also Read