UOA REIT 1Q rental income remains flat at RM14.7m
KUALA LUMPUR (May 22): UOA Real Estate Investment Trust reported a net rental income of RM14.
Hektar REIT pays 2.3 sen DPU, 1Q NPI up 10%
KUALA LUMPUR (May 22): Hektar Real Estate Investment Trust (REIT)’s first quarter net property income (NPI) grew 9.
KLCCP Stapled Group posts marginal rise in 1Q net earnings
KUALA LUMPUR (May 17): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), posted a marginal 2.
Gabungan AQRS 1Q Patmi in line on higher project recognition
Gabungan AQRS Bhd (May 15, 88 sen) Maintain buy with a target price (TP) of RM2.
SunREIT appoints Irene Sin as CFO
KUALA LUMPUR (May 4): Irene Sin May Lin has been named the new chief financial officer of Sunway Real Estate Investment Trust (SunREIT).
REIT managers say SC's REIT guideline amendments will drive market's growth
KUALA LUMPUR (April 24): The liberalisation in the permissible list of activities provides alternative growth opportunities to Malaysian Real Estate Investment Trusts (M-REITs) in the areas of acquiring vacant land to undertake property development activities, acquisition of assets with provision of income support and investments through private leases, said the Malaysian REIT Managers Association (MRMA).
Tax relief granted to mega public projects since 1980s
KUALA LUMPUR (April 20): Various tax reliefs have been commonly accorded to mega public infrastructure developments as a government incentive since the 1980s, the Royal Malaysian Customs Department asserted yesterday, following the brouhaha over the granting of goods and services tax (GST) relief for the procurement of materials and services related to the RM55 billion East Coast Rail Link (ECRL) project.
AIIB considering financing KL-Singapore HSR
KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.
CIMB: Pan-Borneo Highway Sabah contract awards to accelerate post GE14
KUALA LUMPUR (April 18): CIMB Investment Bank Bhd said the pace of awards of the remaining 18 contracts under the proposed Pan-Borneo Highway in Sabah (PBH Sabah) is expected to pick up post Malaysia's 14th General Election (GE14).
Revised guidelines on listed REITs seen positive for growth
Real estate investment trust sector Maintain neutral: The Securities Commission Malaysia (SC) has implemented the new revised guidelines on listed real estate investment trusts (REITs) effective on April 9, 2018.
