Business

MRCB’s unit to dispose of Menara CelcomDigi in Petaling Jaya

Detailed announcement to be made after signing of sales and purchase agreement

Updated 3 years ago · Published on 08 Jun 2023 11:49PM

MRCB’s unit to dispose of Menara CelcomDigi in Petaling Jaya
Malaysian Resources Corporation Bhd’s wholly owned subsidiary Puncak Wangi Sdn Bhd will enter into negotiations with Maybank Trustees Bhd for the proposed disposal of 27-storey office tower Menara CelcomDigi in Section 52, Petaling Jaya, Selangor. – File pic, June 8, 2023

KUALA LUMPUR – Malaysian Resources Corporation Bhd’s (MRCB) wholly owned subsidiary Puncak Wangi Sdn Bhd (PWSB) will enter into negotiations with Maybank Trustees Bhd (MTB) for the proposed disposal of 27-storey office tower Menara CelcomDigi in Section 52, Petaling Jaya, Selangor.

In a filing with Bursa Malaysia today, MRCB said MTB, acting on behalf of Sentral Real Estate Investment Trust (Sentral Reit), has accepted a letter of intent issued by MRCB for the proposed disposal.

“Currently, the building is leased out to Celcom Bhd with a lease term of 15 years, which shall be extended automatically for another two terms of three years each,” the filing said.

PWSB will commence negotiations with MTB, being Sentral Reit’s trustee, it added.

The office tower has six podium levels and three basement levels for 788 car parking bays. Its total gross floor area is 735,238 sq ft excluding parking. The net floor area is 450,000 sq ft. 

MRCB said a detailed announcement on the proposed disposal will be made when the sales and purchase agreement is signed. – Bernama, June 8, 2023

Related News

Culture & Lifestyle / 11mth

Ipoh Sentral developer urged to complete recreational park - an important green lung in Perak

Business / 3y

MRCB becomes fifth-time gold winner at Australasian Reporting Awards

Business / 3y

MRCB Q1 performance impacted by project completions

Business / 3y

CelcomDigi’s post-merger net profit jumps to RM317.92 mil

Business / 3y

Termination of SSA with DNB clears path for any new 5G process: CelcomDigi

Business / 3y

CelcomDigi’s units terminate SSAs with DNB

Spotlight

Malaysia

Anwar, Zahid project unity at Putrajaya amid PH-BN differences during state polls

By Alfian Z.M. Tahir

Malaysia

Police looking for two robbery suspects who kicked elderly woman (video)

Malaysia

Malaysia will not bow to US congressional pressure over Israeli nationals’ issue - Loke (UPDATED)

Malaysia

Deaf e-hailing driver sues government, police over alleged assault, seeks disability access reforms

By Alfian Z.M. Tahir

Malaysia

Johor appoints 10 deputy exco to strengthen administration

Malaysia

Suspended police corporal charged with sexual assault of 11-year-old daughter

Malaysia

Magnitude 5.7 earthquake off northern Sumatra felt across west coast of Peninsular Malaysia

World

Trump approves potential US-Saudi nuclear deal allowing uranium enrichment capability

Malaysia

Network School moves to Kazakhstan

You may be interested

Business

Oil prices soar to six-week high as Red Sea tanker attacks and Hormuz crisis stoke supply fears

Business

Govt boosts SME digitalisation support with new smart manufacturing co-investment scheme

Business

Central bank policies remain crucial in shaping currency market movements

By Alfian Z.M. Tahir

Business

Global oil supplies face fresh risks as crude prices near US$85 amid Middle East escalation