Bedi to sell Sandakan hypermarket for RM85mil


KUALA LUMPUR: Bedi Bhd has proposed to dispose of a double-storey hypermarket building in Sandakan, Sabah, for RM85mil.

In a filing with Bursa Malaysia, the property developer said its indirect wholly-owned subsidiary, Asterasia Sdn Bhd (ASB), signed a conditional sale and purchase agreement with Mydin Wholesale Cash and Carry Sdn Bhd (MWCC) for the proposed disposal.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bedi , hypermarket , Sandakan , Sabah , Mydin

Next In Business News

Malaysia’s banks remain resilient, ready to support customers amid global uncertainties
Bursa Malaysia surges as Middle East tensions show signs of easing
Zecon appoints Mohamad Morshidi as chairman
Airwallex secures regulatory approval to expand payment services in Malaysia
Gold ticks up as dollar slips on Mideast de-escalation hopes
CapBay wins Best Social Loan award, boosting SME financing access
Oil slides as Middle East uncertainty keeps markets on edge
SME Bank’s financing approvals rise 19% to RM4.3bil, boosting MSME growth
PETRONAS seeks to bring forward first CO2 injection at Kasawari to 2027
YTL Cement launches RM2.60 offer for CEPCO after securing 53.5% stake

Others Also Read