Ibraco to sell shophouses in related party move


The Tabuan Tranquility 2 Terrace Stage 2 that would be launched this Saturday and Sunday.

KUCHING: Ibraco Bhd will sell commerical properties under construction at its flagship development - Tabuan Tranquility - here for RM3.14mil under a related party transaction.

The property developer had signed sales and purchase agreement with Hiap Ghee Seng Sdn Bhd (HGS) for the disposal of two units of three-storey shophouses for RM1.59mil and RM1.25mil respectively.

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Business , East Malaysia , jack

   

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