The group’s longer-term earnings visibility is secure and will be underpinned by its current unbilled sales of RM305 million and increasing contributions from the 8 Kia Peng project.

Our FY18 net loss is raised and we now project for net losses to continue into FY19.

“I have lost count of how many events or meetings I have attended over the past two weeks.”

Property sales of RM63.3 million are on track to meet our target of RM249.7 million.

Would you prefer to be surrounded by security barriers made of concrete and steel or living plants?

As for Da Men Mall (86% occupancy rate), management is targeting to achieve near full occupancy by evaluating its tenant mix.

Turnover sales account for about 12 to 15% of IGB REIT’s rental income.

Management is keeping its RM150 million sales target for 2018 for now.

We expect Gabungan AQRS’ future balance sheet and operating cash flow to strengthen significantly on the back of its five-year transformation plan.

Both properties, Mid Valley Megamall and The Gardens Mall, are operating with high occupancy rates of close to 100%, driven by the strategic prime location.