The three parcels of land are located in Johor, Malaysia. The three industrial lands have areas measuring about 3.97 hectares, 2.62 hectares and 1.99 hectares respectively.
Casa Holdings (SGX:C04
) announced that its joint venture company (JVCo), VMD Development, which was jointly incorporated by its wholly owned subsidiary, Casa Property Holdings together with VMD, has on Sept 20 disposed three pieces of vacant land for a consideration of RM32.7 million ($9.5 million).
The purchaser is Mohm Chemical, a Malaysia-based company that is in the business of manufacturing and dealing of chemical products, sealants and special adhesive products.
