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KIP REIT 4Q NPI up 17%, declares DPU of 1.53 sen

The growth, KIP REIT said, was largely underpinned by 11 months’ income contribution arising from the acquisition of AEON Mall Kinta City (AMKC), but partially offset by the amortisation of rental rebates. The rebates were given to eligible non-essential tenants during the Movement Control Order (MCO) period which amounted to RM1.6 million, KIP REIT’s statement showed.

TTDI RA: Retain Taman Rimba Kiara's name until court case is over

TTDI RA: The identity of ‘Taman Rimba Kiara’ itself as a public park is the subject of the said lawsuit. We see the name change of Taman Rimba Kiara as an attempt to alter the status quo on the ground despite the court process is still ongoing.