AME Reit inks 34 SPAs to acquire properties from various AME's units

KUALA LUMPUR: AME Elite Consortium Bhd said AME Real Estate Investment Trust (REIT) has entered into 34 sale and purchase agreements (SPAs) to acquire various properties from the industrial space solutions provider's subsidiaries to pave the way for its listing on the Main Market of Bursa Malaysia.

AME secured shareholders’ approval for the proposed listing of AME REIT (trustee) in May this year.