Amanah Harta Tanah PNB to buy Seremban mall for RM240mil


PETALING JAYA: Real estate investment trust (REIT) Amanah Harta Tanah PNB (AHTP) is proposing to acquire a three-storey mall in Seremban for RM240mil.

MIDF Amanah Investment Bank Bhd said in a stock exchange filing on behalf of Pelaburan Hartanah Nasional Bhd (PHNB), the REIT manager, that a conditional sale and purchase agreement with Mydin Mohamed Holdings Bhd had been signed to acquire the property, which sits on a 13.38-acre freehold plot.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

CPO futures likely to trend lower next week
Oil ends week lower as demand concerns face Russia supply ban
CapBay empowers SMEs, offers investment opportunities
BFood aims higher amid rising competition
Bearish stance on bonds and currency
Steady outlook for luxury condominium segment
No major change in salaries
Short position: Narrowing of valuation discounts, Food for thought
Long way to go for Malaysian carbon market
CEO shares insights into group’s outlook

Others Also Read