WCT’s Subang Skypark deal fails to excite

KUALA LUMPUR (April 4): Shares in WCT Holdings Bhd closed lower yesterday as news that it was acquiring a controlling 60% stake in the operator of the Skypark Terminal at the Sultan Abdul Aziz Shah Airport in Subang, Selangor failed to excite investors.

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WCT buys 60% stake in Subang Skypark

KUALA LUMPUR (April 3): WCT Holdings Bhd is acquiring a 60% stake in Subang Skypark Sdn Bhd — operator of the Skypark Terminal (formerly Terminal 3) of the Sultan Abdul Aziz Shah Airport in Subang, Selangor — for RM44.

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PNB sells London property

PETALING JAYA (April 2): Permodalan Nasional Bhd (PNB) has completed the disposal of its 90 High Holborn property in London for an undisclosed sum, said its chairman Tan Sri Abdul Wahid Omar.

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Amanah Harta on the lookout to acquire assets

KUALA LUMPUR (April 2): Real estate investment trust (REIT) Amanah Harta Tanah PNB (AHP), which is managed by Pelaburan Hartanah Nasional Bhd, is looking for suitable assets to grow its portfolio mix despite the current unexcited property market.

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Perda City Mall in Bukit Mertajam for sale

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.

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