Axis REIT to acquire two properties in Klang for RM351.8mil


Axis Facility 2 @ Bukit Raja

PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) is proposing to acquire an industrial complex and an open storage yard in Klang, Selangor from Amsteel Mills Sdn Bhd (AMSB) for RM351.8mil.

In a filing with Bursa Malaysia, Axis-REIT said it had entered into two sale and purchase agreements with AMSB) for the acquisition of the industrial complex (property 1) and open storage yard (property 2).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Axis REIT , acquisition

Next In Business News

IMF evaluation reflects Malaysia’s strong economic fundamentals, economists say
MATRADE appoints Abu Bakar Yusof as CEO
Ringgit poised to see profit-taking after hitting near six-year high vs greenback
The illusion of beat estimates
Racing to deliver
Green stocks are big winners
Big honk for Hongqi turnaround
Can Nilai become an AI mega hub?
Berjaya Air�charts expansion course for strategy over scale
Thematic guide to investments in 2026

Others Also Read