PETALING JAYA: Sunway Real Estate Investment Trust
(Sunway REIT) has proposed to dispose of three parcels of leasehold land in Bandar Sunway, Selangor, for RM613mil cash.
In a filing with Bursa Malaysia, the REIT — via its trustee RHB Trustees Bhd — said it had entered into a conditional sale and purchase agreement with Sunway College (KL), a wholly owned subsidiary of Sunway Education Group Sdn Bhd.
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