VTI Vintage Bhd has proposed to dispose of idle property in Sabah, owned by its unit Vintage Tiles Industries (EM) Sdn Bhd (VTIEM) for RM2.15 million, to settle credit facilities.
The sale proceeds will be utilised to settle the banking facility of RM2 million due to AmBank (M) Bhd and AmIslamic Bank Bhd, it said.
...
More