HeiTech may sell HeiTech Village building

Posted on | November 28, 2007

By BUSINESS TIMES

HEITECH Padu Bhd may sell its HeiTech Village building in Subang Jaya, Selangor to Permodalan Nasional Bhd (PNB) for RM65 million. In a statement yesterday, HeiTech Padu said PNB has given the company a letter of offer to sell and lease back HeiTech Village. “The proposed disposal of HeiTech Village will enable the group to unlock capital resources from being tied up in long-term assets and allow the company to better focus on its existing business,” it said.

You might also like

HeiTech to sell Menara Heitech to PNB By BUSINESS TIMESHEITECH Padu Bhd plans to sell a piece of freehold land and office building, Menara...

Blackheath Quarter at Kidbrooke Village, London SE3 Blackheath Quarter is the exclusive new phase of Kidbrooke Village, part of Blackheath, one of London's...

New villages seek attention and allocation By THE STARTHE chairmen of new village development committees in Petaling Jaya have called on the Selangor...

For sale – High Point Village, London waterside apartments. Priced from £147,000 For sale - High Point Village, London waterside apartments. Priced from £147,000 High Investment...