New lease of life for Quill, MRCB to become major shareholder


PETALING JAYA: Quill Capita Trust Bhd (QCT) will become one of the biggest real estate investment trusts (Reits) in Malaysia in three years with an asset base of some RM5bil from RM1.6bil presently, said Malaysia Resources Corp Bhd (MRCB) group managing director Datuk Mohamad Salim Fateh Din.

“We intend to inject assets worth at least RM1bil (into QCT) every year. We will inject these assets either from MRCB’s side or from Quill Group. On MRCB’s side we have a pipeline of some RM20bil worth of properties to be injected in over the next few years,” Salim told StarBiz.

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Business , Quill , MRCB , REIT

   

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