Sentral REIT's 3Q net property income up 6% on higher revenue, offset by higher property expenses
Gross revenue for the quarter increased by 11.
Acquisition of Menara CelcomDigi for RM450m is fair and reasonable, says independent adviser
PIVB recommended to non-interested shareholders of MRCB to vote in favour of the resolution pertaining to the proposed acquisition at the extraordinary general meeting on Oct 24.
Analysts foresee better financial performance by Sentral REIT on Menara CelcomDigi purchase
The analysts made their forecast after the REIT posted a net property income of RM29.
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.
Sentral REIT acquires Menara CelcomDigi for RM450m; proposes share placement
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 plans to acquire Menara CelcomDigi from MRCB
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.
MRCB posts lower 1Q profit on completion of DASH highway project
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.
MRCB buys Quill’s 39% stake in Sentral REIT manager
Sentral REIT did not specify how much builder and property developer MRCB will pay for QRH's 39% stake in SRM.
HLIB downgrades Sentral REIT, lowers target price to 91 sen
KUALA LUMPUR (Aug 22): Hong Leong IB (HLIB) Research has downgraded Sentral REIT to “hold” at RM1.
