KUALA LUMPUR: Prestariang Bhd has entered into eight separate sale and purchase agreements with Joyful Star Sdn Bhd for the purchase of eight-storey semi-detached signature corporate offices/retail suites for RM11.41 million. The company said the selling price was arrived at on a “willing buyer willing seller” basis after discount of gross purchase price of RM12.27 million. The properties are within an on-going mixed development project known as Star Corporate Park, Star Central@Cyberjaya comprising commercial/office blocks, it said. “The offices shall be fully equipped with international standard training center and Center of Excellence showcasing the group’s IPs particularly SKIN and Educloud,” it said. Prestariang said the proposed acquisitions will be funded through internally-generated funds and/or bank borrowings.

Source: New Strait Times October 09, 2017 10:41 UTC