TM to sell more buildings

Imri: We are looking at various options to unlock the value of the buildings and land as we optimise our network. We have been doing this over the past few years.

KUALA LUMPUR: Telekom Malaysia Bhd (TM) plans to sell more buildings and landbanks to unlock the value of its assets after putting two buildings up for sale recently.

Last month, a tender bid was called for two buildings (Annexe 1 and Annexe 2) at its headquarters and the reserve price range is said to be between RM273mil and RM312mil.