Announced
Synopsis
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.
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