MBSB to buy office building for RM239m
KUALA LUMPUR: Malaysia Building Society Bhd, via its wholly-owned unit Ambang Hartamas Sdn Bhd, plans to buy a proposed office building to be developed for RM239.24 million cash.
The company has entered into a conditional sale and purchase agreement with PJ Sentral Development Sdn Bhd for the proposed acquisition of between 27 to 30 floors of strata office space of a proposed Grade A office building to be developed and identified as Tower 3.
The office building is expected to be used as the group’s new headquarters.
The Tower 3 forms part of the first phase of a proposed mixed development project identified as PJ Sentral Garden City.
By Business Times Online