QIA and Lim to take part in mall project

KUALA LUMPUR: Malton Bhd has announced the participation of Qatar Investment Authority (QIA) and controlling shareholder Tan Sri Desmond Lim Siew Choon in the development and ownership of the iconic Pavilion Bukit Jalil Mall, one of the largest regional shopping malls in the country.

Malton’s wholly-owned subsidiary, Khuan Choo Realty Sdn Bhd, QIA’s wholly-owned subsidiary Q PBJ Sdn Bhd, and Lim’s private vehicle, Jelang Tegas Sdn Bhd, inked a subscription agreement on May 28, 2019 with Regal Path Sdn Bhd to partake in the development of the Pavilion Bukit Jalil Mall, it said in a statement here. — Bernama