telegram群组（www.tel8.vip）_AmFIRST REIT to sell property for RM62mil
,telegram群组（www.tel8.vip）是一个Telegram群组分享平台。telegram群组包括telegram群组、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram群组为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
KUALA LUMPUR: Amfirst Real Estate Investment Trust (AmFirst REIT) has proposed to dispose of its property, Menara AmFirst, to Forever Backup Sdn Bhd for RM62 million.
Located in Sungai Buloh, Selangor, the property is a 22-storey office building with three levels of basement car parks erected on freehold land.
AmREIT Managers Sdn Bhd, manager of the transaction opined that considering the age and limited scope for growth of the asset, it is opportune to dispose of this asset to repay existing borrowings to optimise the trust’s gearing level.
"The proposed disposal will not have any effect on the total units of AmFIRST REIT in issue and substantial unitholders’ unitholding in AmFIRST REIT as the disposal price will be satisfied entirely in cash.
"The expected net loss on disposal is approximately RM4.93 million arising from the proposed disposal and will not have significant impact to the earnings of AmFIRST REIT for the financial year ending March 31, 2023,” AMfirst REIT told Bursa Malaysia today.
It said the net proceeds of the exercise, after deducting all fees and expenses relating to the proposed disposal, would be utilised to repay existing borrowings. The net proceeds are expected to be utilised within 12 months from the date of completion of the proposed disposal.
The proposed disposal has been approved by the trustee on April 14, 2022. It is not subject to the approval of the unitholders of AmFIRST REIT and any regulatory authorities.
Barring any unforeseen circumstances, the proposed disposal is expected to be completed by the third quarter of 2022. - Bernama