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Flash Note – Benalec Hldgs (TRADING BUY) - Proposed Land Disposals approved




Affin Hwang Investment Bank Bhd


11 Jun 2013





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EGM approved resolutions related to Proposed Land Disposals Benalec announced that its Extraordinary General Meeting held yesterday had approved the ordinary resolutions in relation to the proposed disposal of three parcels of land measuring a total of 79.49 acres in Melaka (Kota Shah Bandar and Kota Laksamana) for a total cash consideration of RM97.0m. The disposal was first proposed on 21 December 2012.

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