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KIP REIT 4Q NPI up 17%, declares DPU of 1.53 sen

The growth, KIP REIT said, was largely underpinned by 11 months’ income contribution arising from the acquisition of AEON Mall Kinta City (AMKC), but partially offset by the amortisation of rental rebates. The rebates were given to eligible non-essential tenants during the Movement Control Order (MCO) period which amounted to RM1.6 million, KIP REIT’s statement showed.

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Prosecutor: Najib's appeal process to take a year

Datuk V Sithambaram: We don't know when Najib will be put into prison. It all depends on the decision of the Federal Court and the Court of Appeal. We estimate that both Appellate Court and Federal Court will take four to five months each, so if the records are ready and judgement is ready, approximately a year's time.

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