Service tax hike and high value tax implementation to weigh on consumers’ sentiment, says CLMT
CLMT concluded its FY2023 with a set of a strong financial performances, with its net property income (NPI) surging 42.
IGB REIT, IGB Commercial REIT net property income up in 4Q on higher rental income, increased occupancy
Both REITs set Feb 15 as the ex-date for their DPUs, with the amount to be disbursed to unitholders on Feb 29.
CapitaLand Malaysia REIT Management chairman Lui Chong Chee resigns, to be replaced by Ng Tiong Lip
Lui, 63, tendered his resignation due to other commitments and responsibilities, according to CLMT's bourse filing on Tuesday.
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.
Pavilion REIT’s 4Q net property income up 39%, pays 4.6 sen DPU
Quarterly revenue increased 47.
RHB IB raises Sentral REIT earnings forecast by 11% following Menara CelcomDigi acquisition
In a note on Wednesday, RHB IB stated that Sentral REIT’s net profit for the fourth quarter of 2023 (4Q2023) came in at RM19.
Axis REIT's 4Q NPI rises 6.3% to RM66m, declares 2.4 sen income distribution
Quarterly revenue edged up by 6.
Sentral REIT's 4Q NPI up 30%, declares 0.68 sen DPU
The improvement in gross revenue was also due to the impact of revenue straight-lining over the lease term under requirements of Malaysian Financial Reporting Standard 16 Leases, said Sentral REIT in a bourse filing.
UOA REIT declares lower DPU of 3.86 sen in 4Q as net rental income drops 12%
This brings its total income distribution for FY2023 to 7.
Maybank IB expects OPR to be kept at 3.0%, driving continuous growth for REITs in 2024
Furthermore, Maybank IB expects the 10-year Malaysian government securities (MGS) yield to lower to 3.
