Asia

MBC offloads property

 

Kuala Lumpur: Malaysian Bulk Carriers (MBC) has announced its wholly-owned subsidiary, Awanapuri Sdn Bhd, is disposing of industrial land in Klang, Selangor to three parties for a total of RM18.390m. 
It expected a RM8.948m gain from the disposal, money that will be used to replenish the working capital at the Robert Kuok-controlled shipping line.  [17/09/12]

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