Fitters Diversified to Sell Cameron Highlands Land for RM15m
Fitters Diversified to Sell Cameron Highlands Land for RM15m
This action comes after Fitters recently incurred a significant loss due to a bad investment, and the company expects the disposal to be completed by the third quarter of 2024.Fitters Diversified Bhd, a fire protection equipment supplier, is divesting an 8.05-hectare freehold land in Cameron Highlands for RM15 million, with an expected gain on disposal of RM12.35 million.
消防設備供應商Fitters Diversited Bhd將以1,500萬令吉的價格剝離金馬侖高原8.05公頃的永久產權土地，預計出售收益爲1,235萬令吉。
The strategic move aligns with Fitters' ongoing effort to streamline its assets and redirect resources to more promising areas of its operations.
這一戰略舉措與Fitters爲精簡資產並將資源轉移到更有前途的運營領域所做的持續努力相一致。
The proceeds from this sale will bolster the company's working capital and support various operational needs, including settling outstanding obligations to creditors and covering day-to-day expenses.
此次出售的收益將增加公司的營運資金並支持各種運營需求，包括償還債權人的未償債務和支付日常開支。
This action comes after Fitters recently incurred a significant loss due to a bad investment, and the company expects the disposal to be completed by the third quarter of 2024.
此舉是在Fitters最近因投資不當而蒙受巨額虧損之後採取的，該公司預計出售將在2024年第三季度之前完成。
Fitters' shares closed unchanged at 3.5 sen today, with a market capitalisation of RM86.91 million.
Fitters的股價今天收於3.5仙不變，市值爲8,691萬令吉。
