CGS MY completes RM94.5 mil private placement for YTL Hospitality REIT
KUALA LUMPUR (April 10): CGS International Securities Malaysia Sdn Bhd (CGS MY) has completed the RM94.
Amanah Hartanah Bumiputera declares 2.5 sen interim distribution, pays out RM118.7 mil to 87,000 unitholders
KUALA LUMPUR (April 9): Amanah Hartanah Bumiputera (AHB) has declared an interim income distribution of 2.
UOA REIT releases FY2025 annual report, sets April 29 for AGM
PETALING JAYA (April 8): UOA Real Estate Investment Trust (UOA REIT) has released its annual report and corporate governance (CG) Report for FY2025, alongside issuing a notice for its 14th annual general meeting (AGM) scheduled for April 29.
Kenanga starts covering Al-Aqar Healthcare REIT for its recession-resistant portfolio
KUALA LUMPUR (April 1): Kenanga Investment Bank Bhd has initiated coverage on Al-Aqar Healthcare REIT (KL:ALAQAR) with an 'outperform' call for its recession-proof portfolio, steady distribution per unit projections and decent visibility on sponsor-led assets injection pipeline.
Axis REIT and Ann Joo mutually terminate Penang industrial property acquisition on unsatisfactory due diligence findings
KUALA LUMPUR (March 27): Axis Real Estate Investment Trust (KL:AXREIT) said the acquisition of an RM800 million industry property in Seberang Perai Tengah from Ann Joo Resources Bhd’s (KL:ANNJOO) wholly owned subsidiary Ann Joo Steel Bhd has been terminated.
REITs face near-term volatility as new tax regime takes effect
KUALA LUMPUR (March 24): The removal of a longstanding tax concession on real estate investment trusts (REITs) is expected to trigger near-term repricing across the sector, as investors adjust to a new regime that reshapes after-tax returns.
REIT index hits three-month low after Malaysia ends decade-long withholding tax perk
KUALA LUMPUR (March 20): Real estate investment trusts (REITs) led losses across Bursa Malaysia’s sectoral indices on Thursday (March 19), as sentiment turned sour following the government’s move to remove a decade-long preferential tax treatment on REIT distribution.
Malaysia stops giving preferential rate for REIT withholding tax
KUALA LUMPUR (March 19): Malaysia has stopped giving preferential rates for the withholding tax on dividends from real estate investment trusts (REITs) or property trust funds (PTFs), a government notice showed.
Axis REIT to convert remaining facilities to sustainability-linked financing
KUALA LUMPUR (March 18): Axis REIT (KL:AXREIT) aims to convert its remaining loans to sustainability-linked financing and explore more of such funding as the real estate investment trust expands its portfolio.
Axis REIT to convert remaining facilities to sustainability-linked financing
KUALA LUMPUR (March 17): Axis REIT (KL:AXREIT) aims to convert its remaining loans to sustainability-linked financing and explore more of such funding as the real estate investment trust expands its portfolio.
