Mydin Mohamed Holdings

Malaysian company 1 news story

Mydin Mohamed Holdings Berhad is Malaysia’s largest home-grown hypermarket and wholesale chain. Its Bukit Mertajam hypermall on Jalan Baru is owned by AmFIRST REIT and leased back to Mydin on a 30-year lease to 2046, making Mydin the REIT’s second-largest tenant at about 19% of revenue.

15 Sep 2026 · Investment

AmFIRST REIT sells Menara AmBank for RM331mil, hunting for industrial and healthcare assets - its best performer is a hypermall in Bukit Mertajam

The AmBank-sponsored trust is selling its Kuala Lumpur headquarters tower at a 3.7% yield, cutting gearing from 46.6% to 33.9%, and says the first acquisition in a decade will be a…

AmFIRST REITAmBank Group (AMMB Holdings)Mydin Mohamed HoldingsEXSIM Hospitality

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