KLCCP Stapled Group posts 38% jump in 4Q profit, declares highest yearly dividend since listing in 2013
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust — saw quarterly revenue grow 7.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust — saw quarterly revenue grow 7.
In a filing to Bursa Malaysia on Tuesday, Suria Capital announced its collaboration with BEDI Development, a 75%-owned unit of EXSIM Development Sdn Bhd, to develop two parcels of land measuring approximately 14.
The group intends to declare a first tranche of dividends amounting to at least RM144 million.
Post transaction, the REIT’s enlarged portfolio will consist of 10 properties, with the proportion of industrial and logistics properties increasing from 10% to 11% of its total portfolio's net lettable area of approximately 4.
According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.
The trust's revenue rose 57.
CLMT concluded its FY2023 with a set of a strong financial performances, with its net property income (NPI) surging 42.
Lui, 63, tendered his resignation due to other commitments and responsibilities, according to CLMT's bourse filing on Tuesday.
Bangsar Hill Park was launched in August 2020, and is expected to be fully completed over the next eight years from the date of the announcement of the RPT (Jan 29), with estimated costs of around RM1.
The consortium led by BRail submitted the request for information (RFI) concept proposal for the project shortly before the submission deadline, according to sources.