AME REIT to buy three freehold industrial plots in Johor-Singapore SEZ
AME Real Estate Investment Trust (KL:AMEREIT) is purchasing three pieces of vacant freehold industrial land in i-Park @ Senai Airport City, Johor for RM50.2 million.
UOA REIT declares 3.94 sen distribution as 2Q property income jumps 30.8%
UOA REIT (KL:UOAREIT) declared an interim income distribution of 3.94 sen per unit as its second-quarter net property income surged 30.8% year-on-year on improved occupancies and lower maintenance costs.
Malaysian REITs may have more downside ahead, CGS International flags
Despite recent corrections, Malaysian real estate investment trusts, or REITs, have yet to fully price-in the loss of withholding tax perk, CGS International flagged.
Data centre projects still viable in Malaysia despite surging energy prices, analysts say
Operators may incur higher electricity costs in Malaysia though preliminary analysis indicate that any rise would still be manageable.
Latest contract win shows IJM could hold its own, analysts say amid takeover bid
A new contract proves that IJM Corporation Bhd (KL:IJM) could hold its own in the construction industry amid a takeover offer by a larger peer, analysts said.
Kenanga starts covering Al-Aqar Healthcare REIT for its recession-resistant portfolio
Kenanga Investment Bank Bhd has initiated coverage on Al-Aqar Healthcare REIT (KL:ALAQAR) with an 'outperform' call for its recession-proof portfolio, steady distribution per unit projections and decent visibility on sponsor-led assets injection pipeline.
Sunway charts new all-time highs after strong earnings meet estimates
Shares of Sunway Bhd (KL:SUNWAY) rose to new record highs on Thursday after the property-to-healthcare conglomerate reported strong earnings that met market expectations.
IOI Properties may book massive income from premium land sale, analysts say as stock rises
IOI Properties Group Bhd (KL:IOIPG) may book a massive income gain from industrial land to be sold at a large premium, analysts said, sending its stock higher on Thursday.
