Malaysia's PKNS is moving closer to REIT status

08/31/2010 | Star Publications (Malaysia)

Selangor State Development in Malaysia appears to be moving closer to a REIT structure. The company is said to be negotiating to buy a stake in a listed REIT but its general manager, Othman Omar, declined to name the REIT. He did say the company wants to enter the REIT market for growth purposes.

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Star Publications (Malaysia)

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