KUALA LUMPUR, Nov 6 (Bernama) -- APB Resources Bhd has proposed to dispose of Menara APB, a 16-storey office building in Shah Alam, Selangor to Darul Ehsan Investment Group Bhd (DEIGB) for RM45 million cash.
APB Resources To Dispose Of Menara APB For RM45 Mln
APB Resources, disposal, Menara APB, Shah Alam, DE
BE Bernama 
Key takeaways
APB Resources plans to sell its 16‑storey Menara APB office building in Shah Alam to DEIGB for RM45 million, expecting a net gain of RM3.23 million and reducing borrowings by RM37.07 million.
- Sale will cut APB’s gearing from 1.71× to 1.03×.
- Proceeds: RM37.07 million repay debt, RM5 million working capital, RM936,000 property tax, RM1.99 million disposal costs.
- Current borrowings are RM93.47 million as of Oct 26 2026.
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- Bernama APB Resources To Dispose Of Menara APB For RM45 Mln (this story)
