Revenue Group to sell Kepong land for RM27mil

Quick Summary:

Revenue Group Bhd’s indirect wholly-owned subsidiary, Next Revenue Sdn Bhd, is disposing of two parcels of land in Kepong, Kuala Lumpur, for RM27mil as part of its cost rationalisation strategy to improve management efficiency.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: CostRationalisation AssetDisposal Corporate News /Business/Business News BankLoanReduction NextRevenue WorkingCapital RevenueGroup

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 172 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23330869

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 20 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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