LIKE this article.
So far the only Malaysain reit I know with right issue proposed is AMFirst.

look at the bright side, if we are offered a discount to the current price for the rights issue, why not , & if the assets aimed will provide good steady returns, another plus.
Only downside is the retailer has to fork out his own $

Malaysia reits a safe play

Malaysia reits: The Sun daily

I heard from a friend that they are concluding the sale of Wisma UEP building by end 2011? Anyone knows?

This post has been edited by gloryyan: Dec 2 2011, 12:49 PM

buy alaqar then. (hospital reit)
I bought lots of it today, as am looking forward to the next dividend, not so soon though, within this 2 months announcing.
I think the price is quite good, yield around 7.4% now . But if there's good capital gain, I might let go.

hmm....must save some money in the account in case of more rights issues coming. I am 70% reits.
1) Amfirst
2) Hektar
3) maybe CMMT
4) who next?

Al-aqar going to announce results + divvy soon, may be around 3.3c or more for this final distribution.
Next, will be Arreit's turn , maybe 1.5-1.9c for this quarter.(They announce 4x a year)

from the pattern, it appears today that someone tried to push down the price to accumulate at lower price.

Sunreit needs lotsa money refurbishing its malls. Check the last few days' news

though for a better future, money on hand need to put aside first for that purpose, so some investors might not like the idea.

As for CMMT's selldown today, I think the rights issue proposed few months earlier are about to be announced soon. Some parties might not want to fork out more money.

Alaqar well done!

congrats to those who are holding Alaqar.
I believe it's their rerating or better dividend for July
I will hold as I think it is not easy to get below 1.20 already.

although Silverbird defaulted payment from Jan 2012- May 2012, Arreit continues receiving the rent by form of a guarantee deposit locked for 2 years. In the mean time, Arreit can search for a prospective tenant while continue to receive rent for 2 years from Jan 2012.



This post has been edited by gloryyan: Jun 12 2012, 10:40 AM

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Added on June 12, 2012, 10:38 amEven if Silverbird didn't default on rental payment but their rental agreement ends on Dec 2013, Arreit will still need to find a prospective tenant irrespective default/non-default. Unless only silverbird agrees to extend the contract.