KUALA LUMPUR: Shares of Nadayu PROPERTIES [] Bhd slipped in late morning on Thursday, July 21 after UDA Holdings Bhd terminated the sale of a piece of land.
At 10.47am, Nadayu (formerly MUTIARA GOODYEAR DEVELOPMENT []) fell three sen to RM1.28. But volume was thin with 1,000 shares transacted.
On Wednesday, Nadayu said UDA was terminating the proposed sale of a piece of land in Jalan Sultan Ismail in the heart of Kuala Lumpur for RM215.50 million to Nadayu.
UDA said it was 'unable to obtain the approval of UDA's shareholder' for the disposal of the 3.56 acres and intended to terminate the sale and purchase agreement with Nadayu.
At 10.47am, Nadayu (formerly MUTIARA GOODYEAR DEVELOPMENT []) fell three sen to RM1.28. But volume was thin with 1,000 shares transacted.
On Wednesday, Nadayu said UDA was terminating the proposed sale of a piece of land in Jalan Sultan Ismail in the heart of Kuala Lumpur for RM215.50 million to Nadayu.
UDA said it was 'unable to obtain the approval of UDA's shareholder' for the disposal of the 3.56 acres and intended to terminate the sale and purchase agreement with Nadayu.
No comments:
Post a Comment