Business

Only a tenant, not involved in Menara TM sale: Telekom Malaysia

Landmark building owned by Menara ABS Bhd

Updated 4 years ago · Published on 09 Feb 2022 4:32PM

Only a tenant, not involved in Menara TM sale: Telekom Malaysia
According to an advertisement in the business section of The Star today, the sale of Menara TM, a 55-storey freehold office block with a helipad, is being conducted via an expression of interest. – Screen grab pic, February 9, 2022

KUALA LUMPUR – Telekom Malaysia Bhd (TM) today clarified that the company is a tenant of Menara TM, located at Jalan Pantai Baru, Kuala Lumpur.

In a statement today, TM said it does not own the said building and is not involved with its intended sale by the property’s owner, Menara ABS Bhd.

“The company is currently in the process of relocating the majority of its corporate offices into its TM-owned properties, including TM Annexe 1 and TM Annexe 2, as well as its properties in Cyberjaya, as part of the company’s optimisation programme to enable greater efficiency and agility, and to accommodate hybrid working conditions,” it added.

TM’s iconic Menara TM is on the market for an undisclosed amount.

According to an advertisement in the business section of The Star today, the sale of the 55-storey freehold office block with a helipad is being conducted via an expression of interest. The closing date for the sale’s first stage is at 12pm on March 18. – Bernama, February 9, 2022

Related News

Business / 3y

TM offers voluntary separation scheme to non-exec staff above 50

Business / 3y

TM names Zainal Abidin as new chairman, Amar Huzaimi as new MD, GCEO

Sports & Fitness / 3y

FAM, TM cooperate again as official tech partners for one year

Business / 3y

TM issues termination notice to DNB on SSA

Malaysia / 3y

MCMC warns of fake email, cash prize scam

Malaysia / 3y

MACC says investigating KL Tower deal

Spotlight

Malaysia

Asyraf denies Najib ready to pay RM50m fine for house arrest

Malaysia

Malaysia’s average household size falls to 3.8 people

Malaysia

Najib's former wife Tengku Puteri Zainah in critical condition in ICU

Malaysia

More than 117,000 harmful online posts removed as government steps up enforcement

Malaysia

1,000 families receive Deepavali aid to ensure no one misses festive celebrations

Malaysia

Mother, daughter fined RM500 each for obstructing Muar council enforcement officers

Malaysia

Kelantan records 1,446 khalwat cases in three years

Malaysia

Negeri’s deposed Undang, chieftains fail to stop committal proceedings

You may be interested

Business

Ringgit strengthens as easing US-Iran tensions weigh on US dollar

Business

Businessman seeks MACC action after Customs disclosure on cargo irregularities

Business

US-Iran tensions drive oil prices lower as easing ringgit holds near RM4.07