AME Elite inks underwriting agreement with Hong Leong Investment Bank for REIT’s IPO
Hong Leong Investment Bank is appointed as the principal adviser, sole underwriter and joint bookrunner, together with RHB Investment Bank Bhd.
Wan Azman steps down from the boards of Al-Salam REIT and Al-‘Aqar Healthcare REIT
KUALA LUMPUR (July 18): Al-Salam Real Estate Investment Trust (REIT) and Al-‘Aqar Healthcare REIT's chief executive officer Wan Azman Ismail, 58, has stepped down as executive director in both the listed entities after completing his contract of service.
Of property headwinds and wealth creation
Good times or not, Malaysian real estate value will continue to climb over the long term, albeit some at a stronger rate than others.
Tower REIT introduces customisable office layout in Menara HLX
KUALA LUMPUR (July 12): Tower Real Estate Investment Trust (Tower REIT) on Tuesday (July 12) introduced customisable office layout service in Menara HLX located in Jalan Kia Peng, Kuala Lumpur.
Atrium REIT to raise RM85m via private placement, special unit issuance to major unitholder
KUALA LUMPUR (July 12): Atrium Real Estate Investment Trust (REIT) has proposed to raise up to RM85.
RHB Research names Axis REIT and IGB REIT as top picks, positive on sector
KUALA LUMPUR (June 28): RHB Research on Tuesday (June 28) said it is more positive on the Malaysian real estate investment trust (REIT) sector as a defensive play due to "guaranteed" rental income despite the current global inflationary environment.
Sunway REIT acquires industrial property in PJ for RM60m
KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust (Sunway REIT) has acquired a 3.
Pavilion REIT's Philip Ho elected as MRMA chairman
KUALA LUMPUR (June 23): The Malaysian Real Estate Investment Trust (REIT) Managers Association (MRMA) has elected Pavilion REIT Management Sdn Bhd CEO Datuk Philip Ho Yew Hong as the new chairman for a two-year term at its annual general meeting on June 16.
Sunway REIT poised to resume uptrend, says RHB Retail Research
KUALA LUMPUR (June 20): RHB Retail Research said Sunway REIT is poised to resume its uptrend as it rebounded from a recent pullback, surpassing the 21-day average line last Friday – printing a “White Marubozu” bullish candlestick.
Hektar REIT appoints Johari Shukri Jamil as new CEO as Hisham Othman retires
KUALA LUMPUR (June 13): Hektar Real Estate Investment Trust (REIT) chief executive officer (CEO) Datuk Hisham Othman, 60, is retiring from his position and will be succeeded by non-executive director Johari Shukri Jamil.
