Article 8.37

The total borrowings of a fund (including borrowings through issuance
of debt securities) should not exceed 50% of the total asset value of
the fund at the time the borrowings are incurred. Notwithstanding,
the fund’s total borrowings may exceed this limit with the sanction of
the unit holders by way of an ordinary resolution.

8. First Refusal right - Fahrenheit88 Mall, Pavillion Extension & USJ Mall(mana ini?  )

Fourth and Final interim income distribution of 2.13 sen per unit in respect of the three month period from 1 October 2011 to 31 December 2011"

How do I declare the income received from unit trust and REIT (Real Estate Investment Trust)? Can I claim back the Malaysian Tax deducted under Section 110 (others)?

When you make reference to the distribution of REIT income to its unit holders, IRB would prefer to use the term income distributed rather than dividend.

For REIT, the tax deducted at 10% is a final tax. So the taxpayer is not required to declare the REIT income in his/her Income Tax Return Form and, thus, not entitled to claim for deducted tax.