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ESR-Logos REIT Selling Singapore Logistics Hub

ESR-Logos REIT Selling Singapore Logistics Hub
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Trading ideas: IHH Healthcare, LBS Bina, APB Resources, Wah Seong, NCT Allianc and MISC

KUALA LUMPUR: Stocks that could appear on investors' radar screen on Thursday include IHH Healthcare, LBS Bina, APB Resources, Wah Seong, NCT Allianc and MISC, according to JF Apex Research.

Wah Seong sells idle Singapore asset for RM40m

KUALA LUMPUR (Jan 5): Wah Seong Corp Bhd is selling a leasehold property in Pandan Road, Singapore for S$13 million (RM40.1 million) as part of its initiative to unlock idle assets and improve its working capital position. The piping expert said its indirect wholly-owned subsidiary in Singapore, WS Engineering & Fabrication Pte Ltd is selling the 13,734 sq m land together with buildings erected on it to Swee Joo (Pte) Ltd.

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