AmanahRaya-REIT Appoints New Chief Operating Officer

KUALA LUMPUR: AmanahRaya-REIT Managers Sdn Bhd, which manages AmanahRaya Real Estate Investment Trust, has appointed Noorbaizura Hermeyney as chief operating officer (COO) effective Jan 7.

The company told Bursa Malaysia that Noorbaizura, 36, had been its acting principal officer following the resignation of the previous COO Adenan Md Yusof on June 6, 2015. (The company has no chief executive officer or managing director.)

Before joining AmanahRaya-REIT in December 2011, the UiTM Shah Alam graduate was Naza Group manager for two years.

Since Adenan left the company, the REIT has disposed of two assets – Kontena Nasional Bhd’s Distribution Centre 11 and the 15-storey Wisma AmanahRaya in Jalan Ampang, Kuala Lumpur, where its head office is located.

The sale of Wisma AmanahRaya for RM78mil to state-owned AmanahRaya Development Sdn Bhd’s unit Annex Sentral Sdn Bhd was approved by AmanahRaya REIT unitholders at an EGM by a narrow margin, with 47.38% voting against. AmanahRaya Bhd, which owns AmanahRaya Development, also owns 62.66% in AmanahRaya REIT.

AmanahRaya REIT’s assets under management include Selayang Mall in Batu Caves, SeGi University’s main campus in Kota Damansara, SeGi College in Subang Jaya, Holiday Villa Langkawi, and Holiday Villa Alor Setar.

AmanahREIT units shed half a sen to close at 86 sen on Thursday.


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