KUALA LUMPUR (March 28): NAKAMICHI CORPORATION BHD [] is disposing of a piece of industrial land and disused building in Port Klang for RM19 million.
It said on Wednesday it had signed a sale and purchase agreement with Century Advance TECHNOLOGY [] Sdn Bhd.
Nakamichi said the proposed disposal of property included a double-storey factory with an annexed double-storey office building and warehouse.
“This property has been vacant since 2007 with the relocation of the company’s then audio and visual business to Singapore in 2007. The audio and visual business has since ceased operations in early 2011,” it said.
It said on Wednesday it had signed a sale and purchase agreement with Century Advance TECHNOLOGY [] Sdn Bhd.
Nakamichi said the proposed disposal of property included a double-storey factory with an annexed double-storey office building and warehouse.
“This property has been vacant since 2007 with the relocation of the company’s then audio and visual business to Singapore in 2007. The audio and visual business has since ceased operations in early 2011,” it said.
