Asia
AmFirst REIT Seeks Unitholders' Nod to Sell Menara AmBank for MYR331 Million
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.
KLSE:AMFIRST
