Pavilion REIT’s 4Q net property income up 39%, pays 4.6 sen DPU
Quarterly revenue increased 47.
Quarterly revenue increased 47.
DONE DEAL: Terrace house, Subang Jaya, Selangor DONE DEAL: Semidee, Bayu Segar, Kuala Lumpur Kampung Sungai Kayu Ara is a cozy hamlet near the heart of Petaling Jaya, with an even mix of residential and commercial developments.
Sime Darby Property’s group managing director Datuk Azmir Merican said the partnership will serve as a vehicle to commercially develop affordable homes to provide greater access to homeownership for a wide range of customers.
This is the fourth time that the MPC has decided to maintain the OPR at 3% since July 2023.
In a note on Wednesday, RHB IB stated that Sentral REIT’s net profit for the fourth quarter of 2023 (4Q2023) came in at RM19.
DONE DEAL: Terrace house, Subang Jaya, Selangor DONE DEAL: Semidee, Bayu Segar, Kuala Lumpur As part of Kuala Lumpur’s ‘Golden Triangle’ of shopping, business, and entertainment, a Bukit Bintang address ensures the glamour of a cosmopolitan lifestyle.
Quarterly revenue edged up by 6.
The improvement in gross revenue was also due to the impact of revenue straight-lining over the lease term under requirements of Malaysian Financial Reporting Standard 16 Leases, said Sentral REIT in a bourse filing.
YNH, however, did not reveal the indicative price range or materiality of the disposal, though Bursa had, in its request for more information issued on Jan 19, also asked for that, besides the indicative timeline to finalise the disposals, current stage of negotiation, and identity of the property or properties, including location and land size.
The industrial mould manufacturer said it signed an agreement on Tuesday to sell the land, measuring 4,716 sq m, to Exsim Putra Permai 45 Sdn Bhd.