KLCC Property to acquire the remaining 40% stake in Suria KLCC for $412m.

KLCC Property, a REIT company, agreed to acquire the remaining 40% stake in Suria KLCC, a 6-story shopping mall, for $412m. "With a focused tenant strategy, deep data driven customer understanding and its long-term plans to revitalise the retail industry, Suria KLCC has positive long-term prospects and will be value accretive to the asset portfolio of KLCCP Stapled Group," Datuk Md. Shah Mahmood, KLCC Property CEO.