PKNS secures 70% occupancy rate for Menara Worldwide

KUALA LUMPUR: Menara Worldwide, a 25-storey office block in Kuala Lumpur owned by the Selangor State Development Corp (PKNS), has secured an occupancy rate of about 70%.

In a statement yesterday, PKNS said Menara Worldwide functions as a corporate tower, whose tenants include a number of companies such as international insurance group AIG, Lazada and Zalora.

Among the facilities available at the building are a cafeteria on the fourth floor and a showroom at the podium.

Menara Worldwide was built in 2008 by Worldwide Holdings Bhd, a wholly-owned subsidiary of PKNS, and completed in 2011 at a cost of RM150 million.

The building, which started operations in 2012, has received MSC Malaysia status from the government and is accredited with the Green Building Index.

PKNS said Menara Worldwide is fully owned and managed by its wholly-owned subsidiary, PKNS Real Estate, which also manages five other assets — Kompleks PKNS Shah Alam, Kompleks PKNS Bangi, SACC Mall, Menara PKNS in Petaling Jaya and Wisma Yakin in Kuala Lumpur.

It added that the Sultan of Selangor Sultan Sharafuddin Idris Shah is expected to officially open Menara Worldwide on June 5.


This article first appeared in The Edge Financial Daily, on June 3, 2014.