---
title: "Asian Micro Holdings’ subsidiary to divest three Malaysian office units"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259435557.md"
description: "Net proceeds will be used for general working capital purposes.Asian Micro Holdings’ 49%-owned subsidiary, Asian Micro Capital Sdn Bhd, will be selling three commercial office units in Penang, Malaysia, for $480,000 (RM1.55m).The three commercial office units have a gross floor area of about 164 square metres, and are currently held as investment properties for rental purposes.Net proceeds of about $469,048 (RM1.532m) will be used for general working capital purposes to explore new opportunities in its property business.($1=RM3.3)"
datetime: "2025-09-30T02:00:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259435557.md)
  - [en](https://longbridge.com/en/news/259435557.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259435557.md)
---

# Asian Micro Holdings’ subsidiary to divest three Malaysian office units

**Net proceeds will be used for general working capital purposes.**

Asian Micro Holdings’ 49%-owned subsidiary, Asian Micro Capital Sdn Bhd, will be selling three commercial office units in Penang, Malaysia, for $480,000 (RM1.55m).

The three commercial office units have a gross floor area of about 164 square metres, and are currently held as investment properties for rental purposes.

Net proceeds of about $469,048 (RM1.532m) will be used for general working capital purposes to explore new opportunities in its property business.

($1=RM3.3)

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