News about KLCCP Stapled

KUALA LUMPUR (April 30): KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd, has appointed Md Shah Mahmood as its new chief executive officer effective May 1, 2021.

KUALA LUMPUR (Nov 20): KLCCP Stapled Group chief executive officer (CEO) Datuk Hashim Wahir said today the lease extension for Petronas Twin Towers and Menara 3 Petronas here by lessee Petroliam Nasional Bhd (Petronas) will further reinforce the KLCCP Stapled Group's stability, thus strengthening the latter's position in the market and boost its efforts in delivering value to its stakeholders in the long term.

KUALA LUMPUR (July 8): Affin Hwang Capital Research has maintained its "neutral" rating for Malaysian real estate investment trusts (MREITs) with a 5% distribution yield at the end of 2021 after Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR), for the fourth time this year, by 25 basis points (bps) to 1.

KUALA LUMPUR (May 5): KLCCP Stapled Group has reported a 3.

KUALA LUMPUR (March 9): RHB Research has reiterated its “buy” call for KLCCP Stapled Group (KLCCP Stapled), comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, at RM8.

KUALA LUMPUR (Jan 24): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), recorded a 33% rise in fourth quarter net profit to RM244.

KUALA LUMPUR (Aug 21): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), recorded a relatively flat net profit for the second quarter ended June 30, 2019 (2QFY19) of RM180.

KUALA LUMPUR (May 7): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), reported today a 1.

KUALA LUMPUR (April 3): KLCCP Stapled Group does not intend to acquire new assets for the time being as the market remains weak.

KUALA LUMPUR (March 20): KLCCP Stapled Group Bhd is anticipating rental reversion in the financial year ending Dec 31, 2019 (FY19) to stay at about 1% to 2% as in FY18, given the now challenging environment.