MRCB to sell Menara Shell to MQ REIT for RM640mil


Menara Shell offers an unparalleled business address

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) plans to sell its 33-storey green office tower Menara Shell (pic) to commercial real estate investment trust MQ REIT for RM640mil.

In an announcement to Bursa Malaysia, the property development group said its wholly-owned subsidiary, 348 Sentral, had entered into a heads of agreement with Maybank Trustees Bhd which acted as trustee for MQ REIT.

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , menara shell mrcb

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