(Dec 25): Singapore-based ARA Asset Management (ARA), which is in the midst of planning the listing of a real estate investment trust on Bursa Malaysia, may float the trust as early as the first quarter of next year. Five Malaysian assets valued at RM1.85 billion ($610.57 million) are expected to be injected into the mall-based REIT, sources say.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply