RM1.31 billion.
The agreements were entered by Starhill REIT indirect wholly-owned unit, Pintar Projek Sdn Bhd, with Commonwealth Managed Investment Ltd, 30 Pitt Street Pty Ltd, 515 Queen Street Pty Ltd and Lonex Pty Ltd.
AmInvestment Bank Bhd, the manager of the trust, said the proposed acquisition was expected to be funded through a combination of bank borrowings and cash.
"The proposed acquisition is expected to contribute positively to Starhill REIT's distributable income and distribution per unit," it said in a filing to Bursa Malaysia.
Starhill REIT added that the proposed acquisition would reposition the company with stable fixed lease rentals from its existing properties and variable income from the Marriott Hotels.
AmInvestment said the proposed acquisition would also enhance Starhill REIT's position as a pure play international hospitality REIT.
The trust's property asset value would also increase from about
RM1.58 billion to about RM3 billion comprising assets located in Malaysia, Japan and Australia. -- Bernama
ReplyDeleteLoan Opportunity Offered By Mr, Pedro That Save My Family From Financial Bondage
Hello Everyone, I am Putri Adiratnaa single mom from Jakarta, I would like to share this great testimony on how I got a loan from Mr, Pedro, when we were driven out of our home when I couldn't pay my bills anymore, After being scammed by various companies online and denied a loan from my bank and some other credit union I visited. My children were taken by foster care, I was all alone in the street. The day I shamefully walked into an old school mate who introduced me to Daisy Maureen. At first I told her that I am not ready to take any risk of requesting a loan online anymore, but she assured me that I will receive my loan from them. On second thought, due to my homelessness I had to take a trial and applied for the loan, luckily for me I received a loan of $80,000.00 from Mr, Pedro. I'm happy I took the risk and applied for the loan. My kids have been given back to me and now I own a home and a business of my own. All thanks and gratitude goes to the help of Mr, Pedro for giving me a meaning to life when I had lost all hope. If you are currently seeking loan assistance, you can contact them via: { pedroloanss@gmail.com WhatsApp+1 863 231 0632 }