Amanah Harta to sell building in KL

PROPERTY trust Amanah Harta Tanah PNB 2 has agreed to sell an office building on Jalan Tuanku Abdul Rahman in Kuala Lumpur to Madras Jeweller Sdn Bhd for RM15 million.

The sale was being done as part of the unitholders’ resolution to terminate the property trust.

Proceeds will be returned to unitholders, AHP2 said in a statement to Bursa Malaysia.

AHP2 bought the 9½-storey office building 14 years ago for RM11.5 million.

By Business Times