Sunway to acquire Sunway-REIT property

Sunway said Sunway Medical Centre has entered into a conditional sale and purchase agreement with RHB Trustees Bhd (as trustee for Sunway-REIT) for the proposed acquisition of the properties.

PETALING JAYA: Sunway Bhd is acquiring property from Sunway Real Estate Investment Trust (Sunway-REIT) for RM430mil.

In a filing with Bursa Malaysia yesterday, Sunway said Sunway Medical Centre Sdn Bhd (SMCSB) had entered into a conditional sale and purchase agreement with RHB Trustees Bhd (as trustee for Sunway-REIT) for the proposed acquisition of the properties.