Tower REIT CEO Martin Kung steps down after six months at the helm

The 46-year-old, who does not hold any stake in the REIT, is resigning to pursue other career opportunities, the company said in a Bursa Malaysia filing on Wednesday KUALA LUMPUR (June 11): Tower Real Estate Investment Trust (KL:TWRREIT), the REIT arm of the Hong Leong Group, announced that Martin Kung Boon Keat, the CEO of its REIT manager GLM REIT Management Sdn Bhd, will step down from his post on June 12, 2025.

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Bertam Alliance to exit PN17 after seven years

Bertam Alliance first fell into PN17 status on April 4, 2018, following a winding-up order issued against its wholly owned unit, Bertam Development Sdn Bhd, which accounted for at least 50% of the company’s total assets at the time.

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