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KUALA LUMPUR: GSB Group Bhd's unit, Serta Usaha Sdn Bhd (SUSB), has entered into a conditional sale and purchase agreement with Leopad Holdings Sdn Bhd to sell its property, comprising land and a 13-storey hotel, for RM22mil cash.The property is situated in Jalan Kapar, off Jalan Syed Putra, in Kuala Lumpur.
GSB, in a filing to Bursa Malaysia yesterday, said the proposed sale is expected to be completed within eight months from the date of the agreement.
By The Star
