PETALING JAYA, Jan 1: Tatt Giap Group Bhd has agreed to dispose of a 42,376.3 sq m piece of leasehold industrial land in Prai, Penang, to CSC Steel Sdn Bhd for RM41 million as part of the group’s debt reducing exercise.
In a stock exchange filing yesterday, Tatt Giap said it had created legal charges over the Prai property as security to Maybank for banking facilities granted to its 51% owned unit, TGSC as well as other companies within the group.
To read the full article, you can visit Tatt Giap Group Bhd To Sell Land For RM41 Million
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