Platinum Sentral's value revised down to RM740mil

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KUALA LUMPUR (Sept 09): The value of Platinum Sentral, which is to be injected by Malaysian Resources Corp Bhd (MRCB) into Quill Capita Trust (QCT), has been revised from RM750 million to RM740 million, representing a downward adjustment by 1.33%.

Following the revision in value, QCT has announced to Bursa Malaysia that its purchase consideration for the KL Sentral property will be RM740 million, of which RM486 million will be satisfied in cash and another RM264 million by the issuance of 206.25 million new units to MRCB, at RM1.28 per unit.