EPF eyes substantial stake in MQREIT


If the EPF does not participate in the placement, the units allocated to it will be placed out to others by way of bookbuilding.

PETALING JAYA: MRCB-Quill Real Estate Investment Trust (MQREIT) is placing out new units to parent Malaysian Resources Corp Bhd (MRCB) and the Employees Provident Fund (EPF) to raise funds for the RM640mil acquisition of Menara Shell in KL Sentral.

Menara Shell is owned by MRCB.

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