Paragon Globe to dispose of land in Johor for RM64mil


PETALING JAYA: Paragon Globe Bhd is disposing of a parcel of freehold land measuring 5.4451 hectares in Johor Baru to GSP Automotive Malaysia Sdn Bhd for RM64.47mil.

In a filing with Bursa Malaysia, the company said the proposed disposal forms part of the group’s ongoing efforts to optimise its asset portfolio and capital structure.

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