Asian Micro Capital (AMC), the subsidiary of Asian Micro Holdings, entered into a sale and purchase agreement on Jan 11 to sell its commercial office unit at Gurney Tower in Penang, Malaysia to Pang Swee Lin for RM515,000 ($169,000).
The proposed disposal constitutes a disclosable transaction under Catalist rules.
The office unit is a freehold property located at No. 18-26-A3 Gurney Tower at Persiaran Gurney, 10250 in Penang, Malaysia. It comes with a gross floor area (GFA) of about 60 sqm and is currently held for rental purposes.