Koh Brothers to hold EGM for proposed disposal of freehold land in Johor
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Koh Brothers Group Limited will hold an extraordinary general meeting (EGM) on 4 September 2025 to seek approval for the disposal of a 5.4-hectare freehold land in Johor, Malaysia. The land, currently vacant, will be sold for $24.8 million to AirTrunk Malaysia Three. Koh Brothers purchased the land for $19.4 million, expecting a net gain of $14.9 million from the sale. Shareholders can submit proxy forms until 1 September.
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