News by M

Keep this weekend (April 25 and 26) free if you are home hunting among the subsale market in the Klang Valley and Penang.

AME Real Estate Investment Trust (AME REIT) has closed its financial year ended March 31, 2026 on a strong footing, recording a total revaluation surplus of approximately RM86.04 million across its 40 industrial properties and three industrial-related properties.

Samchem Holdings Bhd (KL:SAMCHEM), an integrated chemicals and lubricants distributor, is leasing industrial land in Johor Bahru to build a bulk liquid storage terminal to expand capacity.

The upcoming session will take place this Saturday (April 25) at the Temasya Glenmarie Welcome Centre in Shah Alam, running from 12.30 to 3.30pm.   

CapitaLand Malaysia Trust (CLMT) recorded distributable income of RM45.77 million for the first quarter ended March 31, 2026, a 22.7% increase year-on-year (y-o-y), while distribution per unit (DPU) grew 6.3% y-o-y to 1.36 sen, according to its Bursa Malaysia announcement and press release today (April 22).

Sunway Real Estate Investment Trust (Sunway REIT) is seeking its unitholders' approval to renew the mandate allowing the trust to continue entering into recurrent related party transactions (RRPT) of a revenue or trading nature with the Sunway Group and Sunway Technology Group, according to its Bursa Malaysia announcement today (April 22).

Klang is undergoing a structural shift driven by rising incomes, land use changes and major infrastructure upgrades, positioning it as a growing upgrader market within the southwest corridor of the Klang Valley.

Hong Leong Investment Bank (HLIB) has decided to downgrade Malaysia’s real estate investment trust (REIT) sector from “overweight” to “neutral”, citing narrow yield spreads against other asset classes and rising competition from high-dividend alternatives.

Sime Darby Property Bhd (SimeProp) is seeking to establish a long-term incentive plan (LTIP) for its executive director and key senior management staff, with the total shares made available under the plan capped at 5% of its total issued shares at any one time during the plan's 10-year duration.

“The company has decided not to place out the remaining placement shares available for placement."