Centurion to dispose of assets to KWAP for RM227mil

KUALA LUMPUR: Retirement Fund (Incorporated) (KWAP) plans to acquire two Centurion Corp Ltd’s workers’ accommodation assets for RM227mil.

In a statement, Malaysia’s public sector pension fund said it entered into sale and leaseback agreements with the Singapore-based workers’ accommodation operator to acquire Westlite Bukit Minyak in Penang and Westlite Tampoi in Johor.