GuocoLand’s managing director Tan Lee Koon said after a media tour of Damansara City Mall at Damansara City yesterday that as long as the partner is one who can create value for shareholders, he would consider a tie-up.
Sanichi is expecting an annual profit of up to RM13 million from its maiden property development project in Klebang, Melaka for the next three years.
The disposal is expected to bring Glomac an estimated net gain of about RM83.6 million or 12 sen per share, according to the group’s filing with Bursa Malaysia yesterday.
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