Subsidiary company Daya CMT is involved in the provision of engineering and construction services. – Daya Materials website pix: Daya Materials Bhd has proposed to dispose of a parcel of leasehold land and industrial premises in Penang for RM10.33 million cash, in an effort to raise funds for working capital needs, tide over cash flow crunch in the interim, and reduce its bank borrowings.
In a Bursa filing, the group said it has signed a conditional sale and purchase agreement with Wanjun Engineering Sdn Bhd for the proposed disposal. The disposal consideration of RM10.33 million was arrived at on a willing-buyer willing-seller basis after taking into consideration the market value of the property of RM7.8 million, based on the valuation report by Savills Sdn Bhd on Oct 30.
It was required to submit a regularisation plan by Feb 28, 2018, but was subsequently granted an extension of time until Feb 27, 2021 to submit it.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cops seize 309kg of marijuana and nab drugs mastermindGEORGE TOWN: Police intercepted a luxury multipurpose vehicle (MPV) believed to be transporting 309kg of freshly landed marijuana to be distributed in Penang, Perak and the Klang Valley.
Source: staronline - 🏆 4. / 75 Read more »
Two new Covid-19 clusters in Selangor, Penang | New Straits TimesNSTnation The two new clusters have a combined total of 24 positive Covid-19 cases. covid10 coronavirus Which part of Tembaga is the new cluster found? Anyone in the know cares to tell?
Source: NST_Online - 🏆 17. / 53 Read more »
A month from freedom, 14 prisoners found to be infectedThe inmates at Jawi prison, Penang, were confirmed positive after undergoing a second Covid-19 test. FMTNews Covid19
Source: fmtoday - 🏆 5. / 72 Read more »
Pakistani PM says he will upgrade status of part of Kashmir, angering IndiaIndia rejects Pakistan’s attempt to bring material changes to what it claims is its territory. FMTNews Pakistan
Source: fmtoday - 🏆 5. / 72 Read more »
Positive Covid-19 tests curtail Parliament sitting | The Malaysian InsightTakiyuddin, speaker, party whips agree to end sessions at 1pm as precaution, after building staffers infected. Ouh, waktu lain tu covid tidur ke? Pas is using covid to twist whenever it fits their agenda
Source: msianinsight - 🏆 8. / 63 Read more »
Contradictheory: My secret to losing weight (it's not what you think)It’s hard work building a better version of ourselves, but it’s worth it.
Source: staronline - 🏆 4. / 75 Read more »