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Asian Micro Holdings Sells Penang Office Units for RM1.55 Million

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Asian Micro Holdings Sells Penang Office Units for RM1.55 Million

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Asian Micro Holdings Limited ( (SG:585) ) has issued an update.

Asian Micro Holdings Limited announced the sale of three commercial office units in Gurney Tower, Penang, Malaysia, through its subsidiary Asian Micro Capital Sdn Bhd. The transaction, valued at RM1,550,000, is considered a discloseable transaction under Singapore Exchange rules, reflecting the company’s strategic move to divest investment properties and potentially reallocate resources.

More about Asian Micro Holdings Limited

Asian Micro Holdings Limited operates in the investment and property management industry, focusing on the acquisition and rental of commercial properties.

Current Market Cap: S$5.14M

For an in-depth examination of 585 stock, go to TipRanks’ Overview page.

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