(Pic credit: ANNUAL REPORT)
AL-SALĀM Real Estate Investment Trust (REIT) has entered into an agreement to sell a commercial property at Jalan Kuchai Lama, Kuala Lumpur, for RM14.7 million in cash.
The property, which includes a single-storey building with a drive-through, is currently leased to QSR Stores Sdn Bhd and has a net book value of RM14.6 million.
The purchaser of the property is Winfar Builders Sdn Bhd.
The sale is expected to result in a small gain of RM100,000 for Al-Salām REIT. — TMR
Sell: Al-Salam REIT on Menara Komtar shortfall, Asia File on limited upside
According to Insights from RegScale and The CISO Society, 94% of CISOs Believe CCM Could…
HARAHAN, La., Jan. 22, 2025 /PRNewswire/ -- Auto Link, a leading provider of comprehensive auto-lending…
LOS ANGELES, Jan. 22, 2025 /PRNewswire/ -- WHAT: First official press conference where SavingCalifornia.vote publicly announces…
OCEANSIDE, Calif., Jan. 22, 2025 /PRNewswire/ -- Health Authority Books, a new book publishing imprint,…
WASHINGTON, Jan. 22, 2025 /PRNewswire/ -- The Water Systems Council, the only national nonprofit organization solely…
DENVER, Jan. 22, 2025 /PRNewswire/ -- The Clyfford Still Museum's (CSM) new guest-curated exhibition, Held Impermanence (Artists…