FOR IMMEDIATE RELEASE
ALLOYMTD GROUP SELLS BANGUNAN SHELL
Kuala Lumpur, 16 May 2014 – Multinational infrastructure company, AlloyMtd Group through its subsidiary Alloy Properties Sdn Bhd announced today the sale of its Bangunan Shell Malaysia to Suruhanjaya Koperasi Malaysia (SKM) in a Sale & Purchase Agreement signing ceremony held at SKM head office.
Deputy President & Chief Operating Officer cum Director Datin Nik Fuziah Tan Sri Nik Hussein signed the sale & purchase agreement on behalf of the Group while Chairman Datuk Nik Ali Mat Yunus for SKM. The agreed selling prize was RM138 million.
AlloyMtd Group acquired the Bangunan Shell Malaysia in 2003 and leased to Shell Malaysia Trading Sdn Bhd until 15 March 2014. It is a 12-storey office building with a basement carpark located in Changkat Semantan, Damansara heights, Kuala Lumpur.
About AlloyMtd Group
AlloyMtd Group is a leading Asian infrastructure conglomerate operating in a global market. Headquartered in Kuala Lumpur, Malaysia, AlloyMtd is a merger between two reputable sister companies, MTD Capital Bhd and Alloy Consolidated Sdn Bhd, which collectively have a well-established track record in civil engineering and construction, manufacturing, infrastructure development, infrastructure concessions, operations and maintenance (O&M), energy-related, as well as real estate and property development activities.
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The news release is issued by:
Corporate Communications Department
1, Jalan Batu Caves, 68100 Batu Caves, Selangor Darul Ehsan, Malaysia
Tel : 03-6195 1111 Fax : 03-6188 0101 Website : www.alloymtd.com