Zhitong Financial App News, Peng Shun International (06163) issued an announcement. On August 18, 2023, the seller (Gemilang Coachwork Sdn, an indirect wholly-owned subsidiary of the company) Bhd.) intended for the buyer Super Choice Sdn. Bhd. sold the property at a total cost of RM206.88 million.

The property is a freehold vacant lot located at No. 250, GM Lot 79, Senai, Kulai District, Johor, Malaysia. The area is approximately 3.3437 hectares. The Board of Directors believes that the sale will allow the Group to monetize its investment in the property.