AsiaMalls selling Setapak Central Mall to S'pore company


Keen interest: AsiaMalls is in negotiations with global integrated real estate fund manager ARA Asset Management to sell the mall.

PETALING JAYA: There has been quite a bit of buying and selling of neighbourhood malls in the past week and it would seem that the sale and purchase of a third mall is likely to be concluded soon.

AsiaMalls Sdn Bhd, which has been in the news the past week, is said to have found a third buyer for one of the five malls in Malaysia.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Asia Mall , Setapak , selling , Singapore , property ,

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
CIMB Securities eyes larger market share
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
Inari switches gear to remain relevant
March industrial production index up 2.4%, but below forecast

Others Also Read