Sentral REIT acquires Menara CelcomDiGi from MRCB for RM450mil


PETALING JAYA: Sentral Real Estate Investment Trust (Sentral REIT) is acquiring Menara CelcomDigi in Petaling Jaya from Malaysian Resources Corp Bhd (MRCB) for RM450mil.

In a filing with Bursa Malaysia, Sentral REIT said it had signed a conditional sale and purchase agreement to acquire the 27-storey, purpose-built office building from MRCB’s wholly-owned subsidiary, Puncak Wangi Sdn Bhd.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 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

More bullishness on Philippine equities
Rising solar module prices to challenge cost discipline
Turning footfall into higher profits
Chinese tea chains pour into US
Capitalising on the tourism momentum
Leadership exodus tests Malaysia’s digital banks
POWERING ASEAN’S DIGITAL GROWTH
Jobs mantra in Davos
Navigating Fed uncertainty
Doubts over Viet reform drive

Others Also Read