CapitaLand Malaysia Trust's NPI doubles in 3Q, announces 1.01 sen DPU
The real estate investment trust (REIT) said distributable income for the quarter amounted to RM22.
The real estate investment trust (REIT) said distributable income for the quarter amounted to RM22.
It cited extensive time taken by the new management team to assess the adequacy of information/documents required for finalising the audited financial statements as reason.
“The property is currently tenanted and is not used for TSR Group’s existing operation.
“This is in line with HCK’s intention to continuously seek suitable and viable acquisition opportunities which may include, among others, joint venture projects, acquisition of land bank, and property projects to further expand the property-related businesses of HCK.
Under the collaboration agreement, LSHBB and Gamuda IBS aim to support the construction industry’s transition towards the Fourth Industrial Revolution (IR4.
KUALA LUMPUR (June 10): RHB Retail Research said Capitaland Malaysia Trust is in the process of consolidating sideways above the 21-day average line, with improved trading volume seen on Thursday (June 9) – forming a “higher low” bullish pattern.
KUALA LUMPUR (June 8): CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.
KUALA LUMPUR (April 28): CapitaLand Malaysia Trust (CLMT) posted a 45% rise in net property income (NPI) to RM36.
KUALA LUMPUR (April 28): Foo Ming Li, executive chairman of Top Builders Capital Bhd, formerly Ikhmas Jaya Group Bhd, has been redesignated as group chief executive officer of the piling and engineering group.
KUALA LUMPUR (April 21): Poultry and property development group Sinmah Capital Bhd is selling its poultry business to F.