PETALING JAYA: Gabungan AQRS Bhd has proposed to dispose of two contiguous parcels of freehold land in Seberang Prai Tengah, Penang for RM50mil via its subsidiary Grand Meridian Development Sdn Bhd.
In a filing with Bursa, the builder said it expected to gain RM15.44mil following the disposal based on the market value of RM35.8mil as at March 12.
It is selling the 63,709 sq m vacant land to developer Ocean Mix Sdn Bhd. - The Star
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