CapitaMalls to buy Tropicana assets


PETALING JAYA: After talks to acquire Tropicana City Mall and Tropicana City Office Tower lapsed more than a year ago, CapitaMalls Malaysia Trust (CMMT) is revisiting the acquisition of the two properties for RM540mil.

Including the acquisition fee and expenses, the total acquisition cost amounted to RM565mil, CMMT said in a statement.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

CIMB offers payment relief to support customers affected by Middle East conflict
Oil slides below US$100, stocks soar as Trump agrees to two-week ceasefire
Ringgit rebounds to 3.99 against US$ on improved sentiment
Bursa Malaysia rallies on ceasefire deal, analysts urge caution
Trading ideas: TM, U Mobile, AWC, Cahya Mata, DRB-Hicom, Joe, Meta Bright, Pharmaniaga, Sersol, Sinaran, Uzma, K Seng, Maxim, 5E, Empire, MTT, Aeon Credit
Sunway and IJM prospects remain bright
CBH Engineering sees expanding order book
Aeon Credit records higher FY26 net profit of RM386mil
MyNews growth intact
Meta Bright gets loan for EV charging plan

Others Also Read