JBB Builders International Ltd. Announces RM1.5 Million Property Disposal in Industrial Area Transaction

Reuters

Jun 30

JBB Builders International Ltd. Announces RM1.5 Million Property Disposal in Industrial Area Transaction

JBB Builders International Ltd., a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has announced the disposal of certain properties. On June 30, 2025, the company's indirectly wholly-owned subsidiary entered into Sale and Purchase Agreements to sell properties at a total price of RM1.5 million. The properties, situated in an industrial area with an unfavorable market, were pledged as securities for banking facilities but will be released with no redemption required. This transaction aligns with the company's strategy to monetize non-core assets, as property investment is not a principal business of the group. Completion of the transaction is subject to certain conditions, including payment and registration of titles.

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. JBB Builders International Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces RM1.5 Million Property Disposal in Industrial Area Transaction","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      JBB Builders International Ltd. Announces RM1.5 Million Property Disposal in Industrial Area Transaction\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        JBB Builders International Ltd., a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, has announced the disposal of certain properties. On June 30, 2025, the company's indirectly wholly-owned subsidiary entered into Sale and Purchase Agreements to sell properties at a total price of RM1.5 million. 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Announces RM1.5 Million Property Disposal in Industrial Area Transaction\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-30 16:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      JBB Builders International Ltd. 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