AmFirst REIT Seeks Unitholders' Nod to Sell Menara AmBank for MYR331 Million

MT Newswires Live

8小时前

AmFirst Real Estate Investment Trust (KLSE:AMFIRST) is seeking unitholders' approval for the proposed 331 million ringgit disposal of Menara AmBank to AmBank (M).

The transaction, which is subject to unitholder approval, involves the sale of the 46-storey freehold office building in Kuala Lumpur for cash.

Proceeds will be used to settle borrowings, partially repay bank debt and cover transaction expenses.

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