{"id":43952,"date":"2014-12-02T23:40:44","date_gmt":"2014-12-02T15:40:44","guid":{"rendered":"https:\/\/news.iium.edu.my\/?p=43952"},"modified":"2014-12-02T23:40:44","modified_gmt":"2014-12-02T15:40:44","slug":"benalec-sells-reclaimed-land-for-rm107m","status":"publish","type":"post","link":"https:\/\/news.iium.edu.my\/?p=43952","title":{"rendered":"Benalec sells reclaimed land for RM107m"},"content":{"rendered":"<p>KUALA LUMPUR: Benalec Holdings Bhd says its indirect units are selling nine pieces of reclaimed land in Pekan Klebang, Malacca, for RM107.25 million cash.\u00c2\u00a0 In a filing to Bursa Malaysia, Benalec said the disposal is to repay its outstanding indebtedness as well as finance ongoing and future reclamation projects and to meet working capital requirements.\u00c2\u00a0 The company said six tracts measuring 15.89ha will be sold to Quality Paradise Sdn Bhd by its unit Strategic Cove Sdn Bhd for RM71.84 million, while the remaining tracts measuring 7.83ha will be sold to Jadex Land Sdn Bhd by its unit Sentosacove Development Sdn Bhd for RM35.41 million.<\/p>\n<p>To continue reading the rest of the article, click <a href=\"http:\/\/ift.tt\/1vhncdV\" target=\"_blank\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR: Benalec Holdings Bhd says its indirect units are selling nine pieces of reclaimed land in Pekan Klebang, Malacca, for RM107.25 million cash.\u00c2\u00a0 In&hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[79],"nelio_content":{"isAutoShareEnabled":true,"autoShareEndMode":"never","automationSources":{"useCustomSentences":false,"customSentences":[]},"followers":[],"suggestedReferences":[],"efiUrl":"","efiAlt":"","highlights":[],"permalinkQueryArgs":[]},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=\/wp\/v2\/posts\/43952"}],"collection":[{"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43952"}],"version-history":[{"count":1,"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=\/wp\/v2\/posts\/43952\/revisions"}],"predecessor-version":[{"id":43953,"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=\/wp\/v2\/posts\/43952\/revisions\/43953"}],"wp:attachment":[{"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.iium.edu.my\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}