PETALING JAYA (Sept 4): AmFIRST Real Estate Investment Trust (AmFIRST REIT) is seeking unitholders’ approval to sell Menara AmBank in Kuala Lumpur to AmBank (M) Bhd for RM331 million cash, a transaction expected to lower its pro forma gearing to 33.
PETALING JAYA (Aug 18): AmFIRST Real Estate Investment Trust saw its profit before tax more than double to RM6.
PETALING JAYA (July 29): AMMB Holdings Bhd said the Ministry of Economy (MOE) has no objection to the proposed RM331 million acquisition of Menara AmBank by its wholly owned subsidiary, AmBank (M) Bhd.
PETALING JAYA (June 9): AmBank (M) Bhd, a wholly-owned subsidiary of AMMB Holdings Bhd, has signed a conditional sale and purchase agreement (SPA) to acquire Menara AmBank from AmFIRST Real Estate Investment Trust (AmFIRST REIT) for RM331 million cash.
PETALING JAYA (April 23): AmFIRST Real Estate Investment Trust (AmFIRST REIT) has ended its financial year ended March 31, 2026 on its strongest occupancy footing in over a decade, with committed portfolio occupancy climbing to 88.
Net property income for the fourth quarter ended March 31, 2024 (4QFY2024) fell to RM14.
AmFIRST REIT said resulting from his appointment as the CEO, Chong simultaneously relinquished his position as the chief financial officer of the REIT, a position he had held since November 2015.
The group said property expenses for 4QFY2023 were higher by 18.
KUALA LUMPUR (April 26): AmFirst Real Estate Investment Trust (AmFirst REIT) chief executive officer (CEO) Wong Khim Chon will be stepping down from his post on July 27.
KUALA LUMPUR (Nov 15): AmFIRST Real Estate Investment Trust’s (AmFIRST REIT) net property income (NPI) rose 23.
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