Tradewinds to sell land in Johor via THR

By Business Times

KUALA LUMPUR: Tradewinds Corp Bhd, via its wholly-owned unit THR Hotel (KL) Sdn Bhd, plans to sell a piece of freehold land measuring 109.3ha in Johor to Casa Seroja Sdn Bhd for RM235.47 million.

“The proposed disposal will enable the group to raise cash for working capital for its other development projects undertaken by the group,” Tradewinds Corp said in its filing to Bursa Malaysia.