MULTI-PURPOSE HOLDINGS BHD ( MPHB ) announced today that there are disposing its Menara Multi-Purpose to the Malaysian Chinese Association ( MCA ) for RM375 million cash and based on the sales, there will be an estimated gain of RM199 million.
The package includes the office tower known as Menara Multi-Purpose together with 414 car park bays.
The earnings and earnings per share of the MPHB Group for the financial year ended 31 Dec 2011 will definitely be positively affected from the disposal.
MPHB said the sales proceeds from the disposal would be utilised to repay the company's bank borrowings. The purpose of the disposal also in-line with the group's asset rationalization exercise to dispose of its non-core assets.
The original cost of the tower and parking bays were at a total of RM289 million.
Monday, September 26, 2011
Subscribe to:
Post Comments
(
Atom
)
Blogs I Followed
-
-
2024年4月份股票交易记录3 days ago
-
黄金爱乱世2 weeks ago
-
仙股的诱惑~股市里会不停历史重演1 month ago
-
-
-
-
曾淵滄: 呢隻股票我持有20年,賺左100倍!1 year ago
-
-
KLCI hovers below 1500: Very Bearish1 year ago
-
-
PTPTN Payment Suspension2 years ago
-
-
-
-
-
冷眼专栏:漫漫投资路 第1步5 years ago
-
FOREX TRADES....JUST DONE6 years ago
-
-
-
-
The Value of Life7 years ago
-
-
2015年全年成绩+全年股息8 years ago
-
-
Where is the market heading?8 years ago
-
-
TOP 10 Most Popular Website10 years ago
-
-
No comments :
Post a Comment