infolinks

Friday, September 3, 2010

PKNS owns 30% of AmanahRaya REIT

Dare: 3rd Sept 2010


§     The Selangor state investment arm will own 29.9% of AmanahRaya REIT after injection of 3 properties for new shares and acquisition of existing shares from major shareholder, KWB. With the completion of the deal, PKNS will be the second largest stakeholder of the REIT. (The Edge)

Based on this latest development we should pay attention to  AmanahRaya REIT. Suitable for conservative investors to buy when there is weakness and keep it for yield.

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