Global Oriental to sell land for RM142mil on 11 March, 2015.
News Excerpt
KUALA LUMPUR: Global Oriental Bhd’s shareholders today agreed to the disposal of two parcels of land in Selangor for RM142.35 million to improve cash flow and loan repayment.
Executive director, Wee Beng Aun, said the disposal would also help support the company’s new development in Jalan Ampang here…
Read the article below for more information:
http://www.thestar.com.my/business/business-news/2015/03/11/global-oriental-to-sell-land-for-rm142mil/?style=biz