REITs’ target prices revised downwards on higher MGS yield
Real Estate Investment Trusts Maintain neutral call: Malaysian government securities (MGS) yield spiked in November to above 4.
Real Estate Investment Trusts Maintain neutral call: Malaysian government securities (MGS) yield spiked in November to above 4.
KUALA LUMPUR (Nov 28): Sunway Bhd’s shopping malls scored a double win at the inaugural Malaysia Shopping Malls Association’s (PPK) Best Experiential Marketing Awards 2016 held last Friday (Nov 25).
Malaysian real estate investment trusts Maintain overweight: Concerns over tightening US interest rates are not expected to have a dampening impact on Malaysian real estate investment trusts (MREITs), in our view.
KUALA LUMPUR (Nov 11): Shares in WCT Holdings Bhd extended gains today and hit a two-year high at RM1.
Businessman Tan Sri Desmond Lim Siew Choon is performing a corporate manoeuvre that may unlock value worth billions after emerging as the largest shareholder in WCT Holdings Bhd last Tuesday, say sources.
KUALA LUMPUR (Nov 3): Tan Sri Desmond Lim Siew Choon’s emergence as the single-largest shareholder of WCT Holdings Bhd on Tuesday has got the market speculating about his plans for the construction group as well as Malton Bhd and Pavilion Real Estate Investment Trust (REIT), in which he has 35.
KUALA LUMPUR (Nov 2): Tan Sri Lim Siew Choon, the man behind the Pavilion Group, has been appointed executive chairman of WCT Holdings Bhd with immediate effect.
Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.