{"id":1639,"date":"2017-10-31T08:31:21","date_gmt":"2017-10-31T08:31:21","guid":{"rendered":"http:\/\/benalec.pengerangmaritime.com.my\/2017\/10\/31\/benalec-to-realise-net-gain-of-rm24-7m-from-land-sale\/"},"modified":"2017-10-31T08:31:21","modified_gmt":"2017-10-31T08:31:21","slug":"benalec-to-realise-net-gain-of-rm24-7m-from-land-sale","status":"publish","type":"post","link":"https:\/\/www.benalec.com.my\/zh-hans\/benalec-to-realise-net-gain-of-rm24-7m-from-land-sale\/","title":{"rendered":"BENALEC TO REALISE NET GAIN OF RM24.7M FROM LAND SALE"},"content":{"rendered":"<p><p1 style=\"font-size:12px;\"><em>The Star<br \/>\n31st October, 2017<\/em><\/p1>\n<br \/>KUALA LUMPUR: Benalec Holdings Bhd expects to realise a net gain of RM24.7mil from the sale of 216,427 sg metre of land in Pekan Klebang, Melaka to Titanium Hallmark Sdn Bhd.<\/p>\n<p>The company, which specialises in lad reclamation, said on Tuesday it had signed a sale and purchase agreement to sell the land for RM110mil. The land is leasehold and expires in 2115 and would be fore commercial buildings only.<\/p>\n<p>\u201cProceeds arising from the disposal are intended to be used to finance the company\u2019s on-going reclamation projects and to meet the company\u2019s working capital requirements,\u201d it said.<\/p>\n<p>Benalec said proceeds from the sale wouuld be utilised within 12 months.<\/p>\n<p>\u201cThe disposal provides an avenue for Benalec to monetise and crystallise the value of its landbank; while at the same time, improve the cash flow of the company,\u201d it said.<\/p>\n<p>The directors of Titanium Hallmark are Lim Bee Wan, Audrey Yap Yee Siew and Leong Seng Hoong. <\/p>\n<p>Source : <a href=\"https:\/\/www.thestar.com.my\/business\/business-news\/2017\/10\/31\/benalec-to-realise-net-gain-of-rm24pt7m-from-land-sale\/\">https:\/\/www.thestar.com.my\/business\/business-news\/2017\/10\/31\/benalec-to-realise-net-gain-of-rm24pt7m-from-land-sale\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Star 31st October, 2017 KUALA LUMPUR: Benalec Holdi [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[26],"tags":[],"_links":{"self":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts\/1639"}],"collection":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=1639"}],"version-history":[{"count":0,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts\/1639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/media\/1534"}],"wp:attachment":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=1639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=1639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=1639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}