Thursday, March 29, 2012

Nakamichi M’sia sells property

KUALA LUMPUR: Nakamichi Malaysia Sdn Bhd has signed a sale and purchase agreement with Century Advance Technology Sdn Bhd for the proposed disposal of a piece of industrial land and building for RM19mil.

Nakamichi Malaysia is a wholly-owned unit of Nakamichi Corp Bhd.

Nakamichi Corp, in a filing to Bursa Malaysia yesterday, said the proposed disposal was expected to be completed in the fourth quarter of 2012.

By Bernama

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