KIP REIT remains in acquisition mode, says CEO
"The group wants to hit RM2 billion in assets under management “as soon as possible”, said chief executive officer Valerie Ong Pui Shan.
"The group wants to hit RM2 billion in assets under management “as soon as possible”, said chief executive officer Valerie Ong Pui Shan.
The property is owned by Havana Bayview Sdn Bhd, of which Wong is a director and substantial shareholder.
The Meaningfull Clubhouse at Quayside Plaza is scheduled to open in March 2025, offering a pioneering eldercare model that integrates professional services within the township’s existing amenities.
In a note on Thursday, CIMB Securities said that the company's earnings are expected to grow 2.
The cautious stance comes as the central bank on Wednesday decided during its first monetary policy meeting of the year to hold the benchmark rate steady at 3%, a move unanimously expected by the market.
The real estate investment trust (REIT) announced a distribution of 1.
“We have been actively managing our balance sheet to create room for acquisitions and if we have a choice, we would be keen to deploy some of our capital again in the industrial and logistics area,” said Tan Choon Siang, the chief executive officer of the trust's manager, CapitaLand Malaysia REIT Management Sdn Bhd.
Revenue increased 5.
NPI for the quarter ended Dec 31, 2024 (3QFY2025) was RM11.
DONE DEAL: Factory, Eco Business Park, Puncak Alam, Selangor DONE DEAL: Semidee house, Jade Hills, Kajang, Selangor Service apartments and condominiums make up the majority of the residential property market in Ara Damansara, at 33.