Dec 10 (Reuters) - Secos Group Ltd SES.AX :
* ACHIEVED A SALE PRICE OF MYR 10.5 MILLION FOR LAND AND BUILDING IN MALAYSIA
* PROCEEDS OF SALE WILL BE USED TO REDUCE NET DEBT OF ABOUT AUD 1.3 MILLION WITH FREE CASH OF ABOUT AUD 2.2 MILLION
* FUNDS FROM SALE, LEASEBACK TO ACCELERATE CO'S INVESTMENT IN RESIN MANUFACTURING CAPACITY