Crescendo Disposes Land For RM120 Million For Data Centre Project
Crescendo Disposes Land For RM120 Million For Data Centre Project
At the same time to also generate cash flows for repayment of borrowings. 
Crescendo Corporation Berhad announced that its wholly-owned subsidiary, PID, entered into a conditional Sale and Purchase Agreement with Data Cloud Innovation Sdn Bhd for the disposal of all those five plots of freehold vacant land for a total cash consideration of RM120 million.
Crescendo Corporation Berhad宣佈其全資子公司PID與Data Cloud Innovation Sdn Bhd簽署了有條件的買賣協議，處置五塊自由持有的空地，總現金對價爲RM12000萬。
The disposal of the land is for the purchaser to build a data centre in the vacant lot. All those five plots of land form part of the master development known as "Nusa Cemerlang Industrial Park", Johor, a light and medium industrial park currently developed by PID.
這些土地的處置是爲了讓買方在空地上建設數據中心。這五塊土地是位於柔佛的"Nusa Cemerlang工業園"的主開發項目的一部分，這是由PID當前開發的輕型和中型工業園。
Crescendo acquired the land between 2005 to 2008 with the original cost of investment of approximately RM19.15 million. The group believes it is timely to dispose as to unlock the value of the land at a reasonable price after taking into consideration the marketability and prospects of the Land and the challenges in negotiating terms and securing buyer with strong credentials and financial capability to complete the sale of such sizeable land expeditiously.
Crescendo在2005至2008年間收購了這些土地，原始投資成本約爲RM1915萬。集團認爲是時候出售土地，以合理的價格解鎖其價值，同時考慮到土地的市場性和前景，以及協商條款和確保具有強大資信和財務能力的買家迅速完成如此大規模土地銷售的挑戰。
At the same time to also generate cash flows for repayment of borrowings.
同時，還能產生現金流以償還借款。
譯文內容由第三人軟體翻譯。