ARA Asset invests in AmFirst REIT

By THE STAR

ARA Asset Management (Malaysia) Ltd, via its related company Jadeline Capital Sdn Bhd, bought a 12.51 per cent stake in AmFirst Real Estate Investment Trust (AmFirst REIT). The ultimate holding company of ARA Asset Management (Malaysia) is ARA Asset Management Ltd, a member of Hong Kong’s Cheung Kong Group, one of the largest property developers in Asia.

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