TM clarifies it is Menara TM tenant, not involved in its sale

 

Telekom Malaysia Bhd (TM) today clarified that the company is a tenant of Menara TM, located at Jalan Pantai Baharu, Kuala Lumpur.

In a statement today, TM said it does not own said building and is not involved with its intended sale by the property's owner, Menara ABS Bhd.

“The company is currently in the process of relocating the majority of its corporate offices into its TM-owned properties, including TM Annexe 1 and TM Annexe 2 as well as its properties in Cyberjaya, as part of the company’s optimisation programme to enable greater efficiency and agility, and to accommodate hybrid working conditions,” it added.

TM’s iconic Menara TM is on the market for an undisclosed amount.

According to an advertisement in the business section of The Star today, the sale of the 55-storey freehold office block with a helipad is being conducted via an expression of interest. The closing date for the sale’s first stage is at 12pm on March 18.

-Bernama