KIP REIT's 2Q net property income up 29% bolstered by newly acquired retail assets
NPI for the second quarter ended Dec 31, 2024 (2QFY2025) grew to RM21.
NPI for the second quarter ended Dec 31, 2024 (2QFY2025) grew to RM21.
Distributive trade totalled RM149.
The Malaysia Retailers Association is strongly urging the government to reconsider the electricity tariff hike, scheduled to take effect from July 2025, and to hold immediate dialogues with stakeholders to address their concerns and explore alternative solutions.
The group operates its largest market in Malaysia with over 140 stores nationwide, where inflation concerns persist amid plans to cut subsidies for RON95 petrol from the middle of next year, following a similar implementation with diesel back in June.
With a budget of RM50 million, the four-acre retail park will offer shopping and dining experiences catering to both locals and tourists.
For the financial year ended Dec 31, 2022 (FY2023), the group recorded PBT of S$36.
In a trading stocks note on Friday, the research house said the counter is seen moving sideways below the 64 sen resistance.
Sales at department stores cum supermarkets grew 12.
The rise in the wholesale sector was driven by a 4.
In a note on Wednesday, the research house said that as it is riding above the 21-day simple moving average (SMA) line, expect the stock to trend higher towards the 5-year high of 41 sen, followed by the 52.