Titijaya units in RM72mil deal with Menara ABS

KUALA LUMPUR: Titijaya Land Bhd wholly-owned subsidiaries, Titijaya PMC Sdn Bhd and Titijaya South Asia Sdn Bhd, have entered into a sale and purchase agreement (SPA) with Menara ABS Bhd for the acquisition of an office building in Kuala Lumpur for RM72mil.

In a filling with Bursa Malaysia, Titijaya said the building, also known as Menara TM Semarak, consists of a 22-storey purpose-built office building with an annexed six floors designated for a Telekom Exchange and five levels of basement car park. It spans 30,115 sq m in net lettable area, the filling added.