Farlim Group subsidiary buys Shah Alam house for RM 540,000

Bitget2026/10/19 09:09

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Farlim Group's Bandar Subang agreed on October 19, 2026, to buy a Shah Alam residential property for RM 540,000.
The purchase from Cabaran Resorts is a related-party transaction involving interests of directors and a major shareholder.
The leasehold property comprises a two-story semi-detached house on 314 square meters of land.
Bandar Subang will fund the purchase entirely with internal cash, targeting potential resale gains when property market sentiment improves.
The price represents a 12.9% discount to a comparable 2023 transaction; no independent valuation was conducted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farlim Group (M) Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3716055) on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Farlim Group subsidiary buys Shah Alam house for RM 540,000

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