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Tuesday, January 4, 2011

Hua Yang sells retail units

KUALA LUMPUR: Main-board listed Hua Yang Bhd is selling 73 retail units in its flagship commercial property, One South, Sungai Besi, to South Crest Synergy for RM105mil.

One South, an iconic landmark in Sungai Besi, is a mixed development project spread over 1.72ha and is a key revenue driver for the company.

The development represented a large chunk of RM1bil worth of projects that the group was rolling out, the company said in a statement yesterday.

By Bernama

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