Kuwait Finance House refutes reports on the Icon

KUALA LUMPUR: Kuwait Finance House (M) Bhd (KFHMB) on Dec 26 refuted an article titled "Kuwait Finance House aborts deal to buy The Icon" published in a local newspaper on Dec 25 and a related announcement made by Mah Sing Group Bhd on Dec 24.

In a statement, KFHMB clarified that it is not a contractual party to the sale and purchase transaction of the East Wing of the Icon @ Tun Razak neither does the company have any interest in the transaction of the property.

The Icon is an upscale commercial development slated to become a 20 storey Grade A office building in Jalan Tun Razak.

Kuwait Finance said it maintained a positive outlook in conducting business in the country and continued to seek potential investment opportunities in line with the government's objective of making Malaysia an international Islamic financial Centre. -- Bernama