Rimbaco Group Sells Penang Lands for RM11.45 Million

Reuters11-18
Rimbaco Group Sells Penang Lands for RM11.45 Million

Rimbaco Group Global Ltd. announced that its indirect wholly-owned subsidiary has agreed to sell two pieces of land located in Bandar Jelutong, Pulau Pinang to Critical M&E Engineering Sdn. Bhd. for a total consideration of RM11,450,000. The transaction is classified as a discloseable transaction under Hong Kong Stock Exchange listing rules.

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