PKNS Real Estate Sdn Bhd (PREC) is a special entity established in 2012 as an investment arm for Selangor State Development Corporation (PKNS) group of companies. As a vital unit under Selangor state government, PREC spearheads real estate related investment for the whole Group. The company’s diversified real estate portfolio includes investment, asset management, retail management and advisory. PREC intends to acquire more viable commercial assets in the future. Amongst assets owned and managed by PREC includes Menara Worldwide in Bukit Bintang , Menara PKNS PJ, SACC Mall, Kompleks PKNS Shah Alam and Kompleks PKNS Bangi.
"WE CREATE VALUE"
As an investment arm of Selangor State Development Corporation (PKNS)
Manage existing and future assets acquired to spur the economy of the state
Opening up business opportunity in line with enhancing the state economic growth and social development
Provide investment and asset management advisory to new corporations with the same objective