Tiger Synergy sells Ne­gri land for RM2m

New Straits Times - - Business -

Tiger Synergy Bhd’s wholly-owned sub­sidiary, MHB Prop­erty De­vel­op­ment Sdn Bhd, is sell­ing 28 pieces of va­cant free­hold land in Ne­gri Sem­bi­lan to Span­field De­vel­op­ment Sdn Bhd for RM2 mil­lion. In a fil­ing to Bursa Malaysia yes­ter­day, Tiger Synergy said the ex­pected gain from the dis­posal was RM476,766. It said the net pro­ceeds were ex­pected to be utilised for the com­pany’s work­ing cap­i­tal. Tiger Synergy bought the land on March 18, 2011, for RM1.52 mil­lion.

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