MRCB-Quill plans $106m fundraising for acquisition

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MRCB-Quill plans $106m fundraising for acquisition

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Kuala Lumpur skyline | leungchopan - Fotolia

Malaysia’s MRCB-Quill Real Estate Investment Trust is looking to raise MR427m ($106m) through an equity placement in the fourth quarter of this year to part-fund the acquisition of an office tower in the capital.

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