Phillip Capital keeps 'buy' on Kerjaya Prospek, ups target price to RM2.60
In a note on Friday, the research house said Kerjaya’s current outstanding order book stands at RM4.
IGB REIT declares 2.56 sen distribution as NPI rises 6.5% in 2Q
Looking forward, the REIT said the primary challenge for Malaysia’s retail sector is still the escalating cost of living affecting consumers across income brackets.
KIP REIT net property income surges 63% in 4QFY2024, declares 1.97 sen payout per unit
“We are excited by the potential of our existing assets and the vast opportunities to acquire high quality accretive assets with strong recurring rental income to expand our portfolio,” said KIP REIT chief executive officer Valerie Ong Pui Shan.
UOA REIT 2Q net rental income falls 22% on higher operating expenses; declares 2.9 sen distribution per unit
Its property operating expenses stood at RM11.
IGB Commercial REIT's 2Q NPI up 11%, declares 0.97 sen DPU
It also saw net profit for the quarter increase 2.
Ahmad Zaki gets RM152 mil contract to build Port Dickson specialist hospital
The latest contract is Ahmad Zaki's second win from the public works department in 2024.
TA Securities downgrades Gadang to 'sell', cuts target price to 37 sen
In a note on Thursday, the research house said this negative variance was primarily due to higher-than-anticipated project operating costs and tax expenses.
CapitaLand Malaysia Trust eyes more industrial, logistic assets in Johor
In February this year, CLMT acquired three prime freehold ready-built factories in Nusajaya Tech Park in Iskandar Malaysia from Nusajaya Tech Park Sdn Bhd for a total RM27 million, marking the trust's entry into the industrial market, as it diversified its geographical footprint to Johor.
AME Elite sells four Johor industrial properties to AME REIT for RM119.5 mil
This is AME REIT’s second acquisition from AME Elite within 10 months.
CapitaLand Malaysia Trust positive on outlook amid increased tourist spending, occupancy rates
"This resilience is partly due to increased disposable income from EPF Account Three withdrawals, which has helped mitigate some living cost pressures,” said Tan Choon Siang, the chief executive officer of the trust's manager, CapitaLand Malaysia REIT Management Sdn Bhd.
