Sunway Malls offers rent rebate during shutdown
Sunway Malls has offered a 14-day rent concession to affected non-essential retailers, following the government’s movement control order.
While the Malaysian government’s decision is a national top priority, the mall group said it also believes that the long-term sustainability of its business partners is also important.
The rent rebate, worth a total of RM20 million (US$4.5 million), will apply until March 31.
“Each of us has the responsibility to shoulder and share the pain,” said HC Chan, CEO of Sunway Malls and Theme Parks. “This grant is expected to bring a certain degree of comfort and relief to Sunway Malls’ affected retailers.”
Meanwhile, Sunway Malls’ essential tenants including supermarkets and pharmacies remain open to provide essential services. Food and beverage outlets will provide delivery and takeaway services only.