KWAP buys dormitory buildings for RM227 mil from Singapore's Centurion
04 Dec 2023, 03:07 pm
Centurion's workers accommodation in Jalan Papan. (Photo by Albert Chua/The Edge Singapore)
SINGAPORE (Dec 4): Centurion has entered into sale and leaseback agreements with Kumpulan Wang Persaraan (Diperbadankan) or KWAP, Malaysia’s public sector pension fund.
The agreements involve two of Centurion’s Malaysian assets, Westlite Dormitory (Bukit Minyak) Sdn Bhd and Westlite Dormitory (Tampoi) Sdn Bhd.
On Monday, Centurion announced that the two indirect wholly-owned subsidiaries had entered into sale and purchase agreements with KWAP...(click here for the full story on theedgesingapore.com).
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