Nam Fatt sells Klang land for RM24-90psf

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Nam Fatt sells Klang land for RM24-90psf Jan 17, 2011 NSTP NAM Fatt Corp Bhd (NFCB) is selling 9-26 acres of land in Klang to Panorama Positif Sdn Bhd for RM10-05 million, or RM24-90psf-The price is based on the valuation conducted in December 2010 and the disposal is expected to generate a nett gain of RM4-461 million for NFCB-The company said the disposal is part of a proposed scheme of compromise with the creditors of its associated companies Nam Fatt Construction Sdn Bhd, NF Energy Sdn Bhd and Maddusalat Bhd-... More Latest News: Sunway in the Top 10 property developer list (May 25, 2012) WCT launches new shopping mall in Petaling Jaya (May 25, 2012) Permaju to discuss Sabah land development (May 25, 2012) PMINT invests RM400mil in Kuala Terengganu development (May 25, 2012) Rehda lobbies for RM10b annual green allocation (May 23, 2012) Related Categories: News sourced from NSTP Tags: N/A Bookmark:

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