Amanah Hartanah Bumiputera – New Asset Injection

Pelaburan Hartanah Berhad (“PHB”), as the Sponsor of Amanah Hartanah Bumiputera (“AHB” or the “Fund”), wishes to announce that on 15 February 2016, PHB has entered into an agreement to sell the beneficial interest in One Precinct to AmanahRaya Trustees Berhad, as the Trustee of the Fund, for a cash consideration of RM120 million at a lease rental of RM6 million per annum for a 10-year lease term commencing from 1 March 2016.

One Precinct is a stratified 7-storey office building and 2-storey retail podium with 2-level basement parking located in Jalan Mayang Pasir, Bayan Baru, Pulau Pinang.


Posted February 17th, 2016 In Media Release 2016

Level 6, Block E, Dataran PHB, Saujana Resort, Section U2, 40150 Shah Alam, Selangor Darul Ehsan, Malaysia.

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