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Liquidators appointed to wind up Ivory Properties' subsidiary

Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) announced on Wednesday that its wholly-owned subsidiary, Ivory Gleneary Sdn Bhd (IGSB), has appointed interim liquidators to initiate the winding-up of the company as part of its regularisation plan.

DONE DEAL: Condo unit, Verde Ara Damansara, Ara Damansara, Selangor

Noteworthy:

  • Freehold
  • Built-up size: 1,507 sq ft
  • Floor level: High
  • 3 bedrooms, 2 bathrooms
  • Semi-furnished
  • Nearby amenities: Tropicana Golf & Country Resort, Sultan Abdul Aziz Shah Airport, CITTA Mall, Paradigm Mall, UNITAR International University
  • Accessibility: NKVE, Jalan Lapangan Terbang Subang, SPRINT Damansara Link, Federal Highway, LDP

When: May 2024

Harn Len sells Johor land for RM55m

Plantation company Harn Len Corp Bhd (KL:HARNLEN) said on Tuesday that it has inked a sale and purchase agreement (SPA) to dispose of a parcel of land in Johor Bahru for RM55 million.