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Pavilion REIT 2Q property income up 11%, declares 5.17 sen DPU

Pavilion REIT 2Q property income up 11%, declares 5.17 sen DPU

news

Updated:
  • Pavilion REIT's 2Q net property income rose 11.1% to RM142.28 mil.
  • Hotel rental income and lower electricity costs drove this increase.
  • An interim distribution of 5.17 sen per unit was proposed.
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YNH Property unit gets IRB approval for RM5.16m tax settlement plan

YNH Property unit gets IRB approval for RM5.16m tax settlement plan

news

Updated:
  • YNH Construction received IRB approval for a tax arrears settlement plan.
  • They will pay RM5.16 mil by Sept 10, 2026.
  • This resolves a winding-up petition, with penalties waived.
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Pavilion REIT set for 2H rebound as renovated Parkson space reopens — CIMB Securities

Pavilion REIT set for 2H rebound as renovated Parkson space reopens — CIMB Securities

news

Updated:
  • Pavilion REIT's earnings are expected improve in 2HFY2026.
  • This is due to the redeveloped Parkson space reopening in early November and lower electricity costs.
  • Nonetheless, CIMB Securities expects 3QFY2026 earnings to remain broadly flat.
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COA rejects Berjaya Hills appeal, rules states can set quit rent rates without National Land Council approval

COA rejects Berjaya Hills appeal, rules states can set quit rent rates without National Land Council approval

news

Updated:
  • The Court of Appeal ruled states can set quit rent rates without NLC approval.
  • This decision upheld higher rates for Berjaya Hills Resort Bhd.
  • The NLC's role is policy, not approving specific state rates.
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Malaysia rethinking investment incentives as data centre boom exposes policy gaps, says Treasury secretary general

Malaysia rethinking investment incentives as data centre boom exposes policy gaps, says Treasury secretary general

news

Updated:
  • Data centres exposed the limitations of rewarding companies based on the size of their capital commitments.
  • The government has learnt from its recent experience with data centres.
  • Policy shift comes as Malaysia continues to attract strong interest from global technology companies.
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Magna Prima, OCR complete previously announced land transaction

Magna Prima, OCR complete previously announced land transaction

news

Updated:
  • Magna Prima and OCR Group completed a land transaction.
  • Magna's subsidiary acquired the land from OCR's subsidiary.
  • The deal was finalised on July 23, 2026, as previously announced.
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Hektar REIT submits Bursa listing application for RM125 mil school acquisition

Hektar REIT submits Bursa listing application for RM125 mil school acquisition

news

Updated:
  • Hektar REIT applied to Bursa Malaysia for a RM125 mil acquisition.
  • They are planning an acquisition and sale-and-leaseback of KYS KL East International School.
  • The deal involves cash and new REIT units, pending approvals.
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IOI Properties raises proposed REIT portfolio valuation to RM7.66 bil, enlarges retail offering

IOI Properties raises proposed REIT portfolio valuation to RM7.66 bil, enlarges retail offering

news

Updated:
  • IOIPG revised its REIT plan after a valuation increase of RM86 mil.
  • The portfolio is now valued at RM7.664 bil, a 1.1% rise.
  • Retail allocation for the unit offering also increased significantly.
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KIP REIT posts record FY2026 results, lifts annual distribution to 7.26 sen

KIP REIT posts record FY2026 results, lifts annual distribution to 7.26 sen

news

Updated:
  • KIP REIT achieved record FY2026 results, driven by new acquisitions and strong rental income.
  • Revenue rose 30.1% to RM177.1 mil, with net profit up 26.2% to RM145.3 mil.
  • A final distribution of 2.03 sen per unit brings the total payout to a record 7.26 sen.
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KIP REIT clears Setapak Central Mall acquisition after RM435 mil deal gains unitholder approval

KIP REIT clears Setapak Central Mall acquisition after RM435 mil deal gains unitholder approval

news

Updated:
  • KIP REIT unitholders approved the RM435 mil Setapak Central Mall acquisition.
  • The sale and purchase agreement is now unconditional.
  • This advances KIP REIT's acquisition process significantly.
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Pavilion REIT 2Q property income up 11%, declares 5.17 sen DPU