-+ 0.00%
-+ 0.00%
-+ 0.00%

APB Resources agrees to sell Menara APB to Darul Ehsan Investment Group for RM 45 million

PUBT·11/06/2026 10:39:13
Listen to the news
APB Resources agrees to sell Menara APB to Darul Ehsan Investment Group for RM 45 million
  • APB Resources agreed to sell Menara APB to Darul Ehsan Investment Group for RM 45 million in cash.
  • The November 6, 2026, agreement targets completion in second-quarter 2027, subject to shareholder and state approvals.
  • The price represents a 2.17% discount to market value; the sale is expected to generate a RM 3.23 million net gain.
  • Proceeds earmarked for debt repayment total RM 37.07 million, generating estimated annual interest savings of RM 1.67 million.
  • Selling the vacant, non-core office building is expected to reduce gearing to 1.03 times from 1.71 times.


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. APB Resources Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3722941) on November 06, 2026, and is solely responsible for the information contained therein.