Malaysia: Hektar REIT acquires Johor property for $24.07m; APM Automotive establishes sukuk programmes worth $361.6m

Malaysia’s Hektar REIT has announced the purchase of 1Segamat Shopping Centre for $24.07 million from Ecofirst Consolidated while local APM Automotive Holdings Bhd is establishing two sukuk programmes with a combined limit of $361.6 million in nominal value to fund the company’s corporate activities and to refinance future financing.