Ivory Properties aborts land disposal deal with Chin Hin following liquidation of subsidiary
KUALA LUMPUR (April 16): Practice Note 17 (PN17) company Ivory Properties Group Bhd (KL:IVORY) has aborted its plan to dispose of a freehold land in Penang to Chin Hin Group Property Bhd (KL:CHINHIN). The decision to cancel the deal follows the creditors’ voluntary liquidation of its subsidiary, Ivory Gleneary Sdn Bhd (IGSB), noted Ivory Properties…