News about AmanahRaya

KUALA LUMPUR (Oct 4): Al-Salam Real Estate Investment Trust (REIT), via its trustee Amanahraya Trustees Bhd, is planning to buy the Mydin hypermarket in Gong Badak, Terengganu, for RM155 million.

KUALA LUMPUR (Sept 7): Amanahraya Real Estate Investment Trust (REIT), which has suspended its trading since yesterday afternoon pending a material announcement, has inked a deal for the purchase of the Grade A Vista Tower office building in Kuala Lumpur for RM430 million, according to a statement from the REIT's major unitholder KDA Capital Malaysia Sdn Bhd.

KUALA LUMPUR (Sept 6): The trading of Amanahraya Real Estate Investment Trust (REIT) units has been suspended since 2.

KUALA LUMPUR (April 18): AmanahRaya Real Estate Investment Trust (AmanahRaya REIT) aims to acquire “trophy assets” in the immediate term, despite the softening property market, said Amanah Raya Bhd’s (ARB) group managing director Adenan Md Yusof.

KUALA LUMPUR (April 17): The viability of Permodalan Nasional Bhd’s (PNB) move to merge two of its biggest property companies, S P Setia Bhd and I&P Group Sdn Bhd, depends on the way the synergy is executed, says a fund manager.

KUALA LUMPUR (April 14): PNB Development Sdn Bhd, a subsidiary of Permodalan National Bhd (PNB) group can be a source for S P Setia Bhd and I&P Group Sdn Bhd to expand their landbank for future projects, said PNB group chairman Tan Sri Abdul Wahid Omar.

KUALA LUMPUR (April 14): S P Setia Bhd, Permodalan Nasional Bhd (PNB) and Amanahraya Trustees Bhd (as trustee for Amanah Saham Bumiputera) have entered into a non-binding Memorandum of Intent to commence negotiations on the proposed acquisition of I&P Group Sdn Bhd by S P Setia.

KUALA LUMPUR (April 7): Amanahraya Real Estate Investment Trust (Amanahraya REIT) has redesignated its chief operating officer (COO), Noorbaizura Hermeyney as chief executive officer, effective yesterday.

KUALA LUMPUR (Jan 19): Amanahraya Real Estate Investment Trust (REIT) has appointed Datuk Seri Ikmal Hisham Abdul Aziz as its chairman from today.

KUALA LUMPUR (Jan 11): Property developer and education service provider Paramount Corp Bhd requested for its shares to be suspended from trading today, ahead of a material announcement, it said in a filing with Bursa Malaysia yesterday.