Office building woes

WHEN Menara TM was put up for sale two weeks ago, it caused quite a stir. There were those who thought the telco giant was going through tough times and needed to resort to selling its headquarters.

But that was clearly not the case. Menara TM is not owned by TM, but by a special purpose entity whose owners acquired Menara TM, along with three other buildings from TM, back in 2008.