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Wednesday, March 26, 2008

Paos disposes of land in Klang

PAOS Holdings Bhd's unit, Paos Industries Sdn Bhd, is disposing of a leasehold industrial land in Klang, Selangor, to KYS Enterprise Sdn Bhd for RM20.5 million. Proceeds from the disposal will be utilised towards working capital of the company, it said in a filing to Bursa Malaysia.
(New Straits Times 26-3-2008)