A sale and purchase agreement (SPA) was entered into between Sunrich and Taehwa Engineering on June 3.
ecoWise has agreed to dispose of its Malaysian property for RM14 million ($4.0 million) after receiving an offer from Taehwa Engineering Sdn Bhd on May 13.
The property is legally owned by ecoWise’s wholly-owned subsidiary, Sunrich. It is located at Lot 76A & 76B Senawang Industrial Estate, Seremban 70450 and is held under a 99-year lease, which expires on Jan 25, 2075.
