AmFirst – BT
FBSM sells land to AmFirst REIT
FBSM Holdings Bhd, an information technology service and systems provider, is selling a plot of land with a five-storey office building in Cyberjaya to AmFirs t Real Estate Investment Trust for RM51.5 million cash.
The disposal will allow FSBM to unlock the value and realise its investment in the building, it told Bursa Malaysia yesterday.
Am ARA, the manager of AmFirst REIT, will pay via bank borrowings, FBSM added.
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