From left: Board member of private sector representative Datuk Siow Kim Lun, Deputy Finance Minister Datuk Ahmad Maslan, Kamaruzaman and Cuepacs president Azih Muda. While declining to comment on the specific investment amount for its local real estate investments, Kamaruzaman said KWAP had allocated about RM1bil of its fund for the local property deals. For the first six month of 2014, KWAP
KUALA LUMPUR: Fresh from acquiring its first shopping mall in the United Kingdom, Retirement Fund Inc (KWAP) is close to securing its maiden real estate deals in Malaysia.
Chief executive officer Wan Kamaruzaman Wan Ahmad said that the fund was negotiating deals for two commercial properties in the heart of Kuala Lumpur that it hoped to close by this year.
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