AME Elite–AME REIT RM100.8 mil industrial property transaction completed
PETALING JAYA (July 1): AME Elite Consortium Bhd and AME Real Estate Investment Trust (AME REIT) have completed a RM100.
From Medan Pasar to Jalan Melayu, old KL retains heritage roots amid rising modernity
This article appeared in the June 11, 2026 issue of the monthly print edition.
AME REIT’s RM100.8 mil sponsor asset deal turns unconditional
PETALING JAYA (June 19): AME Real Estate Investment Trust, the acquisition side, has confirmed that the sale and purchase agreement (SPA) for i‑Park SAC 34 has become unconditional after all conditions precedent were fulfilled yesterday.
AME Elite posts record full-year profit of RM284m, declares seven sen dividend
KUALA LUMPUR (May 23): AME Elite Consortium Bhd (KL:AME) posted a net profit of RM283.
Bank of America opens new office at Merdeka 118, reinforcing commitment to Malaysia
KUALA LUMPUR (May 13): Bank of America has opened its new office at Merdeka 118 here, underlining the bank’s long-term commitment to Malaysia.
AME REIT closes FY2026 with RM86 mil portfolio revaluation uplift, full-year distributable income rises 13% to RM44.3 mil
PETALING JAYA (April 22): AME Real Estate Investment Trust (AME REIT) has closed its financial year ended March 31, 2026 on a strong footing, recording a total revaluation surplus of approximately RM86.
The Johor wealth exchange: IOI Prop banks the land as AME Elite builds the future
PETALING JAYA (March 9): Johor’s role as Malaysia’s fastest-growing investment corridor is beginning to reshape how property developers deploy capital.
AME Elite buys two Senai plots from IOI Properties unit for RM101.18 mil
KUALA LUMPUR (March 9): Construction and property player AME Elite Consortium Bhd (KL:AME) is acquiring two parcels of freehold land measuring a total of 31.
Armani Group debuts 383-key golf-front serviced residence in Cameron Highlands, with Ascott as operator
PETALING JAYA (March 3): Armani Group has officially opened Oakwood Cameron Highlands, a 383-key golf-front serviced residence managed by The Ascott Ltd, marking a significant addition to its hospitality and lifestyle portfolio in Cameron Highlands, Pahang.
MRMA urges continuation of REIT tax framework to sustain sector growth
KUALA LUMPUR (Feb 12): The Malaysian REIT Managers Association (MRMA) has appealed for the continuation of the withholding tax framework for real estate investment trusts (REITs), calling it a critical support mechanism as the sector enters a new growth phase.
