Pavilion REIT fixes private placement issue price at RM1.22, to raise RM720m
Pavilion REIT said the tranche 1 placement issue price represents a discount of 6.
Pavilion REIT said the tranche 1 placement issue price represents a discount of 6.
Pavilion Kuala Lumpur Mall remained the REIT's biggest overall revenue contributor as well as for its mall segment, with gross revenue rising 18.
According to a bourse filing, the REIT said the resolution was duly passed at its extraordinary general meeting (EGM) on Wednesday (March 22) after 134 unitholders who collectively hold 539.
Pavilion REIT said the topline increase was mainly due to higher rental billings, coupled with higher revenue from contract customers of RM16.
Quarterly revenue grew 26.
KUALA LUMPUR (June 23): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.
KUALA LUMPUR (April 28): Pavilion Real Estate Investment Trust (REIT) said its net property income (NPI) rose 59.
KUALA LUMPUR (Jan 28): Pavilion Real Estate Investment Trust (REIT) saw its net property income (NPI) for the fourth quarter ended Dec 31, 2021 (4QFY21) rise 20.
KUALA LUMPUR (Dec 25): Property developer Malton Bhd, whose executive chairman Tan Sri Desmond Lim Siew Choon holds a 43.
KUALA LUMPUR (Oct 28): Pavilion Real Estate Investment Trust's (REIT) net property income (NPI) for the third quarter ended Sept 30, 2021 (3QFY21) fell 22.