Miyoshi Limited Completes Disposal of Johor Industrial Property by Miyoshi Precision Malaysia
Link: https://links.sgx.com/1.0.0/corporate-announcements/LQ3N8O6VX967C5OU/e4454f050bc1cbcb9f810066d68edc5862e18130d7014fdbd0a9de05acc2da6b
Summary:
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Miyoshi Limited has completed the sale of its Malaysian property consisting of 0.5666 hectares of land and a factory located in Senai, Johor.
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Total consideration for the disposal is RM6,000,000 (around S$1,811,000) as agreed under the sale and purchase agreement.
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The property included a registered lease with a 30-year extension, ensuring transfer of rights to the buyer from 2025 to 2055.
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The disposal was finalized according to all terms and conditions of the agreement.
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Announcement reviewed by SAC Capital Private Limited, the company's sponsor; SGX takes no responsibility for the announcement’s content.
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No additional definitions, changes in management, or director appointments associated with this transaction.