Mewah International's Subsidiary to Sell Leasehold Land

MT Newswires

2024-11-18

Mewah International's (SGX:MV4) indirect wholly owned subsidiary, G&U Districenters, entered into a sale and purchase agreement with a non-related party to sell a piece of leasehold land located in Selangor, Malaysia for 14.8 million ringgit, a filing with the Singapore Exchange said on Friday.

The land is no longer aligned with the agri firm's investment objectives, according to the filing.

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