KUALA LUMPUR: Nationwide Express Holdings Bhd has proposed to sell its property in Shah Alam, Selangor, for RM19.4mil, which will result in a net loss of RM3.8mil.
The courier service provider said the property – a three-storey office building, one-storey detached warehouse building annexed with two two-storey office buildings and ancillary buildings on a leasehold industrial land – had been advertised or sale for the past six months.
“The consideration (from real estate firm Rubicon Lexington Sdn Bhd) was the highest consideration received by (Nationwide Express’ wholly-owned unit) Nationwide Express Courier Services Bhd
from a closed tender undertaken for its disposal, ” it said in a filing with Bursa Malaysia yesterday.
...