KUALA LUMPUR: Quill Capita Management Sdn Bhd (QCM), manager of the Quill Capita Trust (QCT) real estate investment trust (REIT), expects to announce a new property acquisition by June this year. “We are in quite advanced negotiations with one party and will make an announcement once we are ready to sign something. If everything goes well, we can announce something by June,” QCM chief executive officer, Chan Say Yeong told The Edge Financial Daily. Chan added the company was confident of acquiring assets from third parties and not just from its sponsors, the Quill Group of Companies and Singapore’s CapitaLand Ltd. Read More
(6-2-2008 The Edge)
