In a filing with Bursa Malaysia, the group said the purchase consideration would be funded by internally generated funds.
said its subsidiary HH Land and Development Sdn Bhd has acquired six parcels of land for a total consideration of RM6.32mil cash.
In a filing with Bursa Malaysia, the group said the purchase consideration will be funded by internally generated funds. Of the acquisitions, five lots of land located in Penang measuring a combined 8,994 sqm were purchased from Ch'ng Chen Mong, while the Perak tract measuring 2.41ha was acquired from the group's 51%-owned subsidiary, MG Furniture Sdn Bhd.
Ch'ng and members of his family control CFamillie Holdings Sdn Bhd, which holds a 49% equity interest in MG Furniture as well as a 20.17% stake in Heng Huat. According to Heng Huat, the acquisitions are in line with its intention to diversify into the property development business.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S. Korea fines Google US$32mil for blocking local rivalIn exchange for in-app visibility, game releases must be exclusive to Google Play.
Read more »
Pengurus Peladang kawasan dituduh rasuah RM6,000Meminta rasuah daripada sebuah syarikat untuk dorongan mendapatkan kerja-kerja pembersihan dan pembekalan anak benih tebu telur Selangor
Read more »
Warga emas rugi RM6,300 diperdaya pegawai JKM palsu dari Tanah MerahJELI: Seorang warga emas kerugian RM6,300 selepas diperdaya wanita yang menyamar sebagai pegawai Jabatan Kebajikan Masyarakat (JKM) dengan menyerahkan barang kemas miliknya dalam kejadian di Kampung Lawar, di sini semalam.
Read more »
Program RTG ringankan beban pemain profesionalGoh Soon Huat-Shevon Lai sedang berjuang untuk mendapatkan slot penampilan sulung ke temasya sukan terbesar dunia itu, apatah lagi kali terakhir pasangan ini berjaya meraih gelaran juara adalah lima tahun lalu di Terbuka Singapura 2018.
Read more »
Basikal lajak: Mahkamah Rayuan lepas, bebas keraniLapan remaja yang maut dalam tragedi itu ialah Mohamad Azrie Danish Zulkefli, 14; Muhamad Shahrul Izzwan Azzuraimie, 14; Muhammad Firdauz Danish Mohd Azhar, 16; Fauzan Halmijan, 13; Mohamad Azhar Amir, 16; Muhammad Harith Iskandar Abdullah, 14; Muhammad…
Read more »