KUALA LUMPUR, July 25 CapitaLand Malaysia REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Trust (CLMT), is optimistic that consumer spending will continue.
KUALA LUMPUR: There could be increased trading interest in Eversendai, Cahya Mata Sarawak, CapitaLand Malaysia Trust, GDB, Menang, Samchem and Teo Seng, said Apex Research.
Here is a brief recap of some corporate announcements that made the news on Thursday (Jan 19) involving IGB Real Estate Investment Trust, Axis Real Estate Investment Trust, CapitaLand Malaysia Trust, Ecobuilt Holdings Bhd, YTL Power International Bhd, RHB Bank Bhd, Digistar Corp Bhd, Malaysian Resources Corp Bhd and Digi.Com Bhd. IGB Real Estate Investment Trust (IGB REIT)’s net property income (NPI) for the fourth quarter ended Dec 31, 2022 (4QFY2022) rose 12.79% to RM105.64 million from RM93.66 million a year ago, as revenue increased 24.59% to RM148.72 million from RM119.37 million. The higher revenue and NPI were mainly due to lower rental support provided to tenants arising from the economic reopening and improving retail sales of tenants. It declared a distribution per unit (DPU) of 2.46 sen, which raised its total FY2022 DPU to 9.86 sen.