Pavilion REIT 4Q property income up 4%, proposes 4.08 sen distributable income
KUALA LUMPUR (Jan 19): Pavilion Real Estate Investment Trust (REIT) posted a net property income of RM76.
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.
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Sunway Pyramid triumphs in PPK Best Experiential Marketing Awards 2016
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).
MREITs unlikely to be impacted by US interest rate concerns
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.
WCT climbs to two-year high on positive news flow
KUALA LUMPUR (Nov 11): Shares in WCT Holdings Bhd extended gains today and hit a two-year high at RM1.
Lim to inject WCT assets into Pavilion REIT
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.
Market left guessing Desmond Lim’s plans
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.
WCT names new largest shareholder Desmond Lim as executive chairman
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.
