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KUALA LUMPUR: I REIT Managers Sdn Bhd, the management company of Islamic REIT AME Real Estate Investment Trust (AME REIT), has proposed maiden post-listing acquisitions of three industrial properties in Iskandar Malaysia, Johor for RM69.3 million.
KULAI: Johor is in talks with two US-based medical and pharmaceutical companies in hopes of pulling the investors into the state, says Lee Ting Han.
Malaysia’s second richest man, Tan Sri Quek Leng Chan, has emerged as a substantial unitholder in AME Real Estate Investment Trust (REIT) after acquiring 29.1 million shares in the REIT over two days. This was after AME REIT, the REIT arm of industrial property developer AME Elite Consortium Bhd had made its debut on Bursa Malaysia on Tuesday.
KUALA LUMPUR (Sept 20): Here is a brief recap of some corporate announcements that made news on Tuesday (Sept 20) involving Top Glove Corp Bhd, AME Real Estate Investment Trust (AME REIT), Sarawak Consolidated Industries Bhd (SCIB), CIMB Group Holdings Bhd, IHH Healthcare Bhd, Petronas Chemicals Group Bhd, Sime Darby Property Bhd, Nestcon Bhd, Citaglobal Bhd, Turiya Bhd, Pos Malaysia Bhd and SKP Resources Bhd.
AME Real Estate Investment Trust (AME REIT) made a modest debut on Tuesday (Sept 20), opening at RM1.14, 0.9% or one sen higher than its initial public offering (IPO) price of RM1.13 on Bursa Malaysia.