-+ 0.00%
-+ 0.00%
-+ 0.00%
MSM International agrees to sell Selangor industrial land to Hari-Hari for RM 19 million
Share
Listen to the news
MSM International agrees to sell Selangor industrial land to Hari-Hari for RM 19 million
  • MSM International agreed to sell a vacant industrial land parcel in Cheras, Selangor to Hari-Hari for RM 19 million in cash.
  • The deal replaces a terminated plan to build two factories and sell one unit for RM 18 million under a March 2025 agreement.
  • Group expects an estimated disposal gain of about RM 10.7 million, based on an adjusted net book value of roughly RM 8.3 million.
  • Proceeds earmarked for bank debt repayment, with the balance for working capital.
  • Completion requires state consent within four months, with closing due within four months of those approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSM International Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 9YB8OJ4I3870QJMK) on July 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending