RHB IB buys 150,000 units in SunREIT

KUALA LUMPUR: RHB Investment Bank Bhd (RHB IB), stabilising manager for Sunway Real Estate Investment Trust (SunREIT), has purchased 150,000 units in the latter for 89 sen to 89.5 sen apiece, it announced on Bursa Malaysia on Monday, July 26.

The purchase was made in relation to the initial public offering of 1.65 million new units representing undivided interest in the REIT.
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