Bangunan MAS to be upgraded


KUALA LUMPUR: Permodalan Nasional Bhd (PNB) is planning to upgrade Bangunan MAS into a Grade A++ office building and a new five-star hotel apartment block will be added on the site, said president and group chief executive Tan Sri Hamad Kama Piah Che Othman yesterday.

PNB bought the 35-storey building on Jalan Sultan Ismail from Malaysia Airlines (MAS) three years ago for RM130mil.

Hamad said the former MAS headquarters would be refurbished and leased out for recurrent income.

It is believed the hotel will have world-class standards and will be operated by a professional hotel group.

Get 20% OFF The Star Digital Access

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

Govt revamping NCM scheme for automotive industry, targets implementation next year
Waja Konsortium exits GN3 status
Tex Cycle partners Anggun Kitar to expand scheduled waste management
Zetrix AI inks blockchain MoU with Philippine gov't
Rhong Khen to acquire three industrial properties for RM47mil
Ringgit ends higher on weaker greenback, firmer oil
Ge-Shen in new deal to dispose of JB properties for RM35.5mil
MCE Auto Hub to advance higher-value automotive manufacturing in Malaysia
Master Tec secures RM109.54mil TNB contract extension
Reservoir Link unit secures PETRONAS contract

Others Also Read