YNH says ALX Asset can’t raise enough fund to buy 163 Retail Park
“There are no liquidated damages or penalties that the company needs to compensate [concerning the SPA with ALX Asset].
Sunway REIT 4Q net property income falls 7%, declares 4.68 sen DPU
The contraction in Sunway REIT’s NPI was attributed to higher reversal of doubtful debt provision recorded in 4QFY2022 and the impact of increased Imbalance Cost Pass-Through (ICPT) electricity charges across all segments.
YNH Property now plans to sell 163 Retail Park to Sunway REIT for RM215m cash
YNH had previously inked an agreement in November 2022 to sell the mall for RM270.
Sunway REIT’s 2Q NPI rises 9%; declares 4.62 sen DPU
For the first half ended June 30, Sunway REIT’s NPI advanced 12.
SunCon receives RM253m refurbishment contract from Sunway REIT
SunCon said the project is expected to contribute positively to the earnings of the group for the financial year ending Dec 31, 2023 onwards.
Sunway REIT deputy CEO Chen Kok Peng assumes role as CEO as part of succession planning
Chen joined Sunway Group as a finance trainee in 2004 and attained his Institute of Chartered Accountants in England and Wales qualification in 2007.
After regaining firm footing in FY2022, Sunway REIT eyes more positive upside from post-Covid reopening
Sunway REIT chief executive officer Datuk Jeffrey Ng Tiong Lip: “Sunway REIT has recovered well from Covid-19 pandemic.
Sunway REIT eyes overseas properties to grow portfolio
The trust aims to grow its asset value to between RM14 billion and RM15 billion by 2027, from RM9.
Sunway REIT confirms in talks to buy retail assets from EPF, to ink agreement 'as soon as possible'
The latest filing came after the REIT suspended the trading of its units for an hour on Monday morning, from 9am to 10am.
Sunway REIT’s 4Q NPI rises 19% to RM146m; declares five sen DPU
This brings the full FY2022 DPU to 9.
