Parkway Trust said in its latest investor presentation slides that Parkway Life REIT will proactively engage in and foster multiple partnerships with strategically aligned parties for collaborative growth and expansion.
The consortium includes five Japanese companies. Besides Sega Sammy, the others are Sohgo Security Services Co Ltd, and major architecture, engineering and construction firms Kajima Corp, Takenaka Corp and Obayashi Corp.
The project is “on time and on budget" after six years in construction.
The company said Chin, 52, stepped down as he was "unable to fit into the role of CFO".
Adenan is expected to contribute towards Kwasa Damansara's efforts in becoming a leading township.
Singapore-listed Starhill Global REIT’s manager YTL Starhill Global REIT Management Ltd said although the recent roll-out of Covid-19 vaccines is positive for a global recovery, the property trust remains cautious as vaccine deployment, the reopening of borders and return of consumer confidence will take time.
According to Starhill Global REIT’s website, YTL Starhill Global REIT Management Ltd is a wholly-owned subsidiary of YTL Starhill Global REIT Management Holdings Pte Ltd, which is in turn an indirect subsidiary of YTL Corp Bhd.
At an appropriate time, Star Media will consider the possibility of developing real estate projects for the next cycle of growth in the property development industry to increase investment yield, Chor said in the company’s latest annual report, which was filed with Bursa Malaysia yesterday.
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