KUALA LUMPUR: Integrated industrial space solutions provider AME Elite Consortium Bhd
has secured shareholders’ approval at the extraordinary general meeting today for the proposed listing of its real estate investment trust (AME REIT) on Bursa Malaysia’s Main Market.
In a statement today, AME said the proposal entails the listing and quotation for 520 million undivided interests (units).
AME Elite Consortium group managing director Kelvin Lee Chai said the company is now a step closer to finalising the listing of AME REIT in the second half of 2022 and expected to be completed by the third quarter, which will unlock the value of the firm’s industrial and industrial-related assets.
"AME REIT will be the main vehicle representing the property investment activity for the group upon
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