Pavilion REIT to purchase Pavilion Bukit Jalil for RM2.2bil


KUALA LUMPUR: Pavilion Real Estate Investment Trust (Pavilion REIT) has proposed to acquire Pavilion Bukit Jalil Mall (PBJ) from Regal Path Sdn Bhd for an aggregate purchase consideration of RM2.2 billion.

In a filing with Bursa Malaysia today, it said Regal Path will dispose of one block of five-storey retail mall with two basement car park levels located within Bukit Jalil City, Kuala Lumpur, together with the related assets and rights.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Tanco unit signs agreement with Ocean Bridge to operate Smart AI container port
Ringgit ends marginally lower against greenback
Resintech unit secures RM16 mil HDPE pipes contract in Cambodia
Ekovest, Lim Kang Hoo extend proposed CRSB acquisition to Jan 26
FBM KLCI breaks winning streak on profit-taking
China to rein in copper, alumina capacity expansion under next five-year plan
Record gold rally cools Indian buying; China discounts narrow
China's PBOC signals caution on rapid yuan gain as it nears key 7 mark
Asian equities eye strong weekly gains; Taiwan, S.Korea lead tech-driven surge
PETRONAS Gas announces revised RP3 gas tariffs

Others Also Read