YNH to dispose of 163 Retail Park for RM215mil

PETALING JAYA: YNH Property Bhd is disposing of 163 Retail Park, a seven-storey retail shopping centre in Mont Kiara, Kuala Lumpur, to Sunway Real Estate Investment Trust for RM215mil.

In a filing with Bursa Malaysia, YNH said the proposed disposal represents an opportunity for the group to unlock the value of and monetise its investments in the property.