Sentral REIT's 2Q net property income up 4.55%
In a filing to Bursa Malaysia on Thursday (Aug 10), the group reported that property operating expenses for the second quarter of 2023 (2Q2023) were RM9 million, marking a 4.
In a filing to Bursa Malaysia on Thursday (Aug 10), the group reported that property operating expenses for the second quarter of 2023 (2Q2023) were RM9 million, marking a 4.
Sentral REIT said the acquisition of the building from MRCB’s wholly-owned subsidiary Puncak Wangi Sdn Bhd, will be satisfied with cash raised through a combination of equity and debt funding exercises.
Sentral REIT said its management company, Sentral REIT Management Sdn Bhd, has accepted a letter of intent issued by MRCB to commence negotiations for the proposed acquisition.
The lower contribution from the engineering, construction and environment division was partially offset by the property development and investment division, which recorded an operating profit of RM33.
Sentral REIT did not specify how much builder and property developer MRCB will pay for QRH's 39% stake in SRM.
KUALA LUMPUR (Aug 22): Hong Leong IB (HLIB) Research has downgraded Sentral REIT to “hold” at RM1.
KUALA LUMPUR (May 12): Sentral Real Estate Investment Trust (Sentral REIT)’s net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) dropped by 2.
KUALA LUMPUR (May 6): Sentral REIT, formerly known as MRCB-Quill REIT, said today first quarter net property income (NPI) fell 4.