KUALA LUMPUR (Feb 3): Lembaga Tabung Haji will set aside RM2 billion for real estate investments in the UK and Australia over the next three years, its group managing director was reported as saying today. "We haven't made any final decisions yet,” Johan was quoted as saying by Bernama. Johan said Tabung Haji would also be focussing on concessional projects this year, especially those which involved the government in relation to infrastructure, in order to strengthen the fund's acquisitions in the future. The RM400 million complex, scheduled to be completed by early next year, will replace the current complex in Kelana Jaya, he said. Meanwhile, Tabung Haji plans to redevelop the complex in Kelana Jaya.

Source: The Edge Markets February 03, 2017 14:03 UTC