KLCCP to convert former Parkson space into ‘street mall’

  • Business Premium
  • Thursday, 21 Mar 2019

Suria KLCC into KLCC REIT in the future, which could translate into higher dividends as tax savings can be returned to shareholders

KUALA LUMPUR: KLCC Property Holdings Bhd (KLCCP) will convert a three-level outlet in its Suria KLCC mall, previously occupied by retailer Parkson, into a “street mall”.

The move is expected to raise the rental income of Suria KLCC, while introducing a new mall experience to patrons.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

Better rating revision lifts ringgit in early trade Premium
Kenanga Research cuts end-2022 KLCI target to 1,610 points Premium
Quick take: Sapura Energy back in black, shares jump 22% Premium
Bursa Malaysia volatile in early trade Premium
Trading ideas: MyNews, Sapura Energy, Reach Energy, AAX, DNeX Premium
Oil price rises US$2/bbl after G7 vows new Russian sanctions Premium
Russia in historic default as Ukraine sanctions cut off payments Premium
Sri Lanka stops fuel supply to non-essential services as crisis worsens Premium
Wall Street ends down, pulled lower by growth stocks Premium
Nike revenue beats as Europe demand overshadows China sales slump Premium

Others Also Read