TBKS HLDGS's subsidiary plans to sell a property in Johor, Malaysia for 11.4624 million Malaysian Ringgit
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TBKS HLDGS announced that its wholly-owned subsidiary Tan Bock Kwee & Sons Sdn. Bhd. has reached an agreement with Zhongya Holdings (Malasia) Sdn. Bhd. to sell a property located in Johor, Malaysia, with a total transaction price of MYR 11.4624 million. The property consists of four parcels of freehold land, with a total area of approximately 12,101 square meters. The board believes that this sale represents a good opportunity to realize the property's value at a reasonable price and will enhance the company's financial condition and liquidity
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