Renaissance United acquires seven serviced apartments in Malaysia
I'm PortAI, I can summarize articles.
Renaissance United Limited has acquired seven serviced apartments in Johor Bahru, Malaysia, for a net purchase price of $1.08 million (RM3.5 million). This acquisition, part of the company's expansion in property development, is funded by proceeds from a previous project sale. The properties are currently under construction, and the acquisition will not impact net tangible assets or loss per share in the short term. Payments will be made in installments, with completion expected within 66 months.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments