Speaking of the Japan Resort that Starhill mentioned to buy, I don't see any official announcement on the proposed acquisition at Bursa website.
Is it really coming?

I think if not mistaken YTL is the one buying the resort and not STAREIT and since the rationalization has not finish yet, so my guess it will be injected in due time together with other YTL hotel properties. Anyone got a list of potential YTL properties to be injected ?

This post has been edited by whizzer: Jul 12 2010, 11:10 AM

Anyone has any recent REIT sector review? I only have one MBB's review by March, which is a little old now.

Thank you!!

PS: Do you think Axis still a good buy for current price?

Stareit gives 3.199sen.

Axreit annoucing result next monday.

Dear Cherroy and Moneyking

NO special dividend ... YET

Announcement Type: Entitlements (Notice of Book Closure)
Company Name: STARHILL REAL ESTATE INVESTMENT TRUST
Stock Name: STAREIT
Date Announced: 12/07/2010

Announcement Detail:
EX-date: 30/07/2010

Entitlement date: 03/08/2010

Entitlement time: 05:00:00 PM

Entitlement subject: Income Distribution

Entitlement description: Final Income Distribution of 3.1990 sen per unit (of which is taxable in the hands of unitholders) in respect of the financial year ended 30 June 2010

It doesn't mention about it.
The Japan resort is bought by YTL.
After an EGM and approval, Starhill may buy resort from YTL.

FULL DETAILS BELOW WITH SNAPSHOT ENCLOSED HEREWITH.


Just wish that STAREIT had given us the shareholders a better dividend.





5109 STAREIT STARHILL REITS
Quarterly rpt on consolidated results for the financial period ended 31/3/2010
Quarter: 3rd Quarter
Financial Year End: 30/06/2010
Report Status: Unaudited
Submitted By: HO SAY KENG




Attached thumbnail(s)

So we are trading at around 40% discount to NAV value, All key figure did improve but only by small margin

No special dividend lar, already mentioned as well as stated in the rationalisation proposal.

Unless at another EGM, the proposal have been defeat.

SUNREIT refund update

Just got a MAYBANK cheque (Jln Ampang) for the refund, dated 28th June. Will deposit 2molo..
Sender - MIDF, sapa lagi

I've not got mine yet.

i got my refund today also. But the sunreit price....not much suprise!

mine too
i took the effort to screenshot it for you all since there are stupid people claiming that the share issues was 90¢ and not 88¢ (so if you're one of them, if you don't know please keep your mouth shut)

korek

source given. now you give source of your guni or we treat your guni is just full of ****

This post has been edited by aeronic: Jul 14 2010, 10:42 AM


Attached thumbnail(s)

Thanks, aeronic, for putting the SUNREIT offer price issue to rest.

What type of surprise are you expecting?

I am quite surprise that the price still can maintain around 88 cents since its yield are much more lower compare with other reits.

Personally, i prefer capital mall trust than sunreit.

weird...still havent got the refund...

Do be informed that if profit remain the same, Then price to dividend yield would be on par with other reit

it is funny also, i got my sunreit refund yesterday but my hubby yet to receive the cheque. By the way, we stay in the same house !

What a joke ! Ha ha ha