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Mines 2 aims to rake in RM15m rental from new shopping mall.

Business Times (Malaysia)

| September 27, 2010 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

Byline: Cheryl Yvonne Achu

MINES 2 Sdn Bhd, the owner of Mines 2, is aiming to rake in rentals of RM15 million a year from its new shopping mall that will start operations on October 15.

Its chairman Tan Sri Lee Kim Yew said with the "street mall" concept, Mines 2 offers unique shopping atmosphere with colourful light-emitting diode (LED) lights.

"We are the first shopping mall in the country to use 100 per cent LED in our operations," he said.

The RM150 million 11-storey commercial building has 400 shops and kiosks.

The company aims to secure 90 per cent tenancy rate by June next year.

Lee was speaking to reporters after the …

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