Hektar Real Estate Investment Trust (Hektar REIT)’s third quarter net property income (NPI) rose 77.2% to RM18.31 million from RM10.34 million a year earlier, mainly due to higher revenue recognition and improved NPI margin, besides reversal of impairment losses of trade receivables.

Noteworthy:

• Leasehold
• Land size: 5,425 sq ft
• Built-up size: 3,500 sq ft
• 4 bedrooms, 4 bathrooms
• Unfurnished 
• Nearby amenities: Convenience stores, schools, Beacon Hospital,  Universiti Malaya Medical Centre (UMMC), Amcorp Mall, Jaya Mall, Paradigm Mall,  LRT Taman Paramount, LRT Taman Bahagia. 
• Accessibility: NPE highway, KESAS highway, Federal highway

May 2022

Hana Residences is slated for completion in the third quarter of 2025 and has a total gross development value of RM403 million.

This is the REIT's second cash call in less than a year after it completed a private placement on Dec 20, 2021, which raised gross proceeds of RM334.72 million.

This was mainly attributable to higher contribution from the property development division and lower loss incurred by the hospitality division.

The kitchen cabinet manufacturer said the entitlement date will be determined later.

For this, we decided on a unique and transparent methodology of scrutinising developers based on their quantitative and qualitative attributes. What the developers claimed in their glossy marketing collateral and building plans did not excite us.

Shares in Signature International surged as much as 36 sen or 13.7% to RM2.98, while Chin Hin climbed to an intraday high of RM3.39, up 24 sen or 7.6%.

"Sudah tiba masanya untuk mereka beralih kepada teknologi, dan di sinilah EdgeProp dan IM Global boleh bekerjasama.”

The award is given to NGOs that have demonstrated excellent track records in occupational safety and health management.