Axis-REIT in RM24mil property sale


Axis-REIT said the proposed disposal of the property was in line with the company’s investment objectives.

PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) is disposing of a single-storey warehouse annexed with a double-storey office in Petaling Jaya, Selangor, to Basic Eight (M) Sdn Bhd for RM24.2mil.

In a filing with Bursa Malaysia, Axis-REIT said the proposed disposal of the property was in line with the company’s investment objectives.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

LSH Capital wins Kuantan road contract
Potential for nuclear to fill coal power gap
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
Malaysia prepares�carbon pricing rollout
AEON Credit sets modest FY27 targets amid geopolitical risks
SC appoints Manoj Kurup as executive director for enforcement

Others Also Read