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AHP completes acquisition of Mydin Mall Seremban 2

KUALA LUMPUR: Amanah Harta Tanah PNB (AHP) has announced the successful completion of the acquisition of Mydin Mall Seremban 2 for a purchase consideration of RM240mil through a sale and leaseback arrangement.

Tamadam, ARB sign lease accord

Tamadam Bonded Warehouse Bhd has entered into a sale and leaseback agreement with Amanah Raya Bhd (ARB) involving its main warehousing complex in Klang.

Qatar Telecom unit agrees US$406mil tower deal with Tower

DUBAI: Qatar Telecom unit Indosat has concluded a sale and leaseback agreement worth US$406mil with Tower Bersama Infrastructure (TBIG), the Qatari firm said.

Mapletree buys properties in Johor for RM61.5mil

Singapore-based Mapletree Industrial Fund Ltd (MIF) has acquired four properties in the Tampoi Industrial Estate for RM61.5mil on a sale and leaseback arrangement with Tangkai Jaya Sdn Bhd and Setegap Jaya Sdn Bhd.

LCTH unit accepts Mapletree offer

LCTH Corp Bhd said its wholly-owned subsidiary Classic Advantage Sdn Bhd has accepted a conditional offer from Mapletree Industrial Fund Ltd to buy its property in Johor Technology Park for RM80mil cash on a sale and leaseback arrangement (SPA).

Boustead plans RM500mil Islamic plantation REIT

Boustead Holdings Bhd plans to set up an Islamic plantation real estate investment trust (REIT) - Al-Hadharah Boustead REIT - involving the proposed disposal of plantation assets to the REIT for RM500mil and proposed leaseback of the assets.

Inch Kenneth unit leasing land from Cepco for RM14.8mil

PROMINENT Mirage (M) Sdn Bhd, a wholly-owned subsidiary of Inch Kenneth Kajang Rubber Public Ltd Co (IKK), has entered into a conditional sale and purchase agreement (SPA) and a conditional leaseback arrangement for the lease of 11.344 acres of industrial land with office building in Mukim Serendah, Ulu Selangor from Concrete Engineering Products Bhd (Cepco) for RM14.875mil.

KFCH, EPF sign S&P and lease agreement of Wisma KFC

KFC Holdings (Malaysia) Bhd (KFCH) has entered into a sale and purchase agreement and lease agreement with the Employees Provident Fund (EPF) for the proposed sale and leaseback of Wisma KFC.

Four aircraft to be leased to MAS

KUALA LUMPUR: GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, has announced a purchase-and-leaseback transaction for four new Boeing 737-800 aircraft with Malaysia Airlines (MAS).

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.