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KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) has entered into a conditional sale and purchase agreement with DPulze Ventures Sdn Bhd for the proposed acquisition of DPulze Shopping Centre in Cyberjaya for RM320 million cash. ....
KUALA LUMPUR (June 16): Here is a brief recap of some corporate announcements that made the news on Friday (June 16) involving Top Glove Corp Bhd, Jentayu Sustainables Bhd, Tenaga Nasional Bhd, KIP Real Estate Investment Trust, Cahaya Mata Sarawak Bhd, GIIB Holdings Bhd, Bumi Armada Bhd, Boustead Holdings Bhd, PTT Synergy Group Bhd, Impiana Hotels Bhd, UWC Bhd, CIMB Group Holdings Bhd, Malaysia Building Society Bhd, Supermax Corp Bhd and Mestron. ....
KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) has proposed to acquire three industrial properties in Pulau Indah Industrial Park, Port Klang, Selangor for RM78.7mil, marking its maiden acquisition of industrial assets. ....
KIP Real Estate Investment Trust (REIT) net property income (NPI) in the third quarter ended March 31, 2022 (3QFY22) rose 5.9% to RM14.5 million from RM13.7 million reported in the previous year, underpinned by higher revenue from contracts with customers. In a Bursa Malaysia filing on Wednesday (April 20), the REIT said its revenue increased by 4.7% to RM18.83 million compared with RM17.99 million, supported by lower rental rebate amortisation and better promotional area income as a result of the further relaxation of the standard operating procedures during the quarter compared with a year ago. ....