Earnings for AEON from property management seen to be resilient
AEON Co (M) Bhd (Oct 18, RM1.
AEON Co (M) Bhd (Oct 18, RM1.
KUALA LUMPUR (Oct 18): WCT Holdings Bhd’s indirect wholly-owned subsidiary Gemilang Waras Sdn Bhd and AEON Co (M) Bhd have agreed to an amicable out-of-court settlement in relation to their court battle over the lease renewal of AEON Mall Bukit Tinggi.
KUALA LUMPUR (Sept 27): KIP Real Estate Investment Trust (REIT) said it has options on the table to acquire more third-party ready assets, upon the successful addition of its first external asset, AEON Mall Kinta City in Ipoh, Perak to its portfolio.
KUALA LUMPUR (Aug 29): KIP Real Estate Investment Trust (KIP REIT) is buying the Aeon Mall Kinta City, a four-storey building, 60,230 sq m property in Jalan Teh Lean Swee, Ipoh, Perak for RM208 million cash.
KUALA LUMPUR (July 26): AEON Co (M) Bhd (pictured) has been ordered by the High Court to pay RM2.
PETALING JAYA (June 6): The planned listing of WCT Holdings Bhd's real estate investment trust (REIT) may be deferred to 2019 pending the outcome of a legal dispute between WCT's indirect wholly-owned subsidiary Gemilang Waras Sdn Bhd and Aeon Co (M) Bhd.
KUALA LUMPUR (May 2): The High Court has ruled in favour of WCT Holdings Bhd against Aeon Co (M) Bhd in a case involving the lease renewal for AEON Mall Bukit Tinggi.
KUALA LUMPUR (April 18): Aeon Co (M) Bhd is looking to strengthen and expand its presence to East Malaysia with its first Aeon mall in Kuching, Sarawak.
PETALING JAYA (March 31): Perda City Mall — formerly known as AEON Seberang Prai City Shopping Centre — has been put up for sale, with industry sources saying the 10-year-old shopping centre could fetch between RM300 million and RM500 million, reported The Edge weekly.