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 M Reits Version 7, Malaysia Real Estate Investment

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SUSPink Spider
post Feb 25 2015, 04:18 PM

Formerly known as Prince_Hamsap
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QUOTE(nexona88 @ Feb 25 2015, 04:13 PM)
I think better to vote 'against' the Platinum Sentral acquisition on 12/3  icon_rolleyes.gif
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Scared majority holding i.e. management bulldoze it thru...u raise hands raise legs also cannot fight them grumble.gif

QUOTE(cherroy @ Feb 25 2015, 04:08 PM)
I not yet received the circular, not yet read the details. doh.gif

I already have some "reservation" since the proposal first come out.
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And I doubt MRCB's management too...later they screw up the REIT doh.gif
SUSPink Spider
post Feb 25 2015, 11:32 PM

Formerly known as Prince_Hamsap
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QUOTE(cherroy @ Feb 25 2015, 09:20 PM)
Just received Qcapital circular,

Apart from bigger reit size and a little more diversification, shareholders of Qcapital have nothing to gain from the deal, instead may suffer,
1. a little dilution of DPS
2. a little dilution of NAV
3. Gearing rise from 35% to 45%. <--- which I personally don't quite like it at all.

While MRCB may have realised profit of Rm400+ million,
(Platinum Sentral book value is Rm396.9 mil as at 31 Dec 2013),  while the deal is proposed at market price as at 15 Sep 2014),  getting 30%+ of Qcapital shareholding in return.

I only would vote yes, if Platinum Sentral is one of major hot spot for retail (like Midvalley) and prime office space (like UOA Bangsar), so is Platinum Sentral a hot spot for above mentioned?
Is Platinum Sentral have premium and well know long term leasee? (little info apart from mentioning like SME Corp, SPAD)

PS: I don't familiar with Platinum Sentral at all.
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If the deal goes ahead will u dump your beloved Tesco oops I mean QCap? tongue.gif
SUSPink Spider
post Feb 27 2015, 09:15 AM

Formerly known as Prince_Hamsap
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QUOTE(cherroy @ Feb 26 2015, 12:24 AM)
Looking for second love...  laugh.gif
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Sold sleep.gif
SUSPink Spider
post Feb 27 2015, 10:45 AM

Formerly known as Prince_Hamsap
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QUOTE(gark @ Feb 27 2015, 10:35 AM)
Those.. in your picture.. for sale or not?  drool.gif
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Jailbait whistling.gif
SUSPink Spider
post Feb 27 2015, 01:01 PM

Formerly known as Prince_Hamsap
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QUOTE(apagranpa10 @ Feb 27 2015, 12:18 PM)
Quill Capita Trust finally sold their long vacant property in section 13 pj ?

"PROPOSED DISPOSAL BY MAYBANK TRUSTEES BERHAD (“MTB” OR THE “TRUSTEE”), ACTING SOLELY IN THE CAPACITY AS THE TRUSTEE FOR AND ON BEHALF OF QUILL CAPITA TRUST (“QCT” OR THE “TRUST”), OF A 5-STOREY OFFICE BUILDING TOGETHER WITH 1 LEVEL OF BASEMENT CAR PARK LOCATED AT NO. 2A, LORONG 13/6A, SECTION 13, 46200 PETALING JAYA, SELANGOR ERECTED ON A PARCEL OF LEASEHOLD LAND HELD UNDER PAJAKAN NEGERI 3699, LOT 57 SEKSYEN 13, IN THE TOWN OF PETALING JAYA, DISTRICT OF PETALING AND STATE OF SELANGOR (“PROPERTY”) TO ALDWYCH CAPITAL SDN BHD FOR A CASH CONSIDERATION OF RM27.3 MILLION (“PROPOSED DISPOSAL”)"
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Disposed at/close to book value...no significant effect to earnings. Only will enhance their cash position slightly
SUSPink Spider
post Feb 27 2015, 01:02 PM

Formerly known as Prince_Hamsap
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QUOTE(wongmunkeong @ Feb 27 2015, 12:32 PM)
eh? they look like 16 and above (age of consent) leh tongue.gif

Anyhow.. no $ to buy more REITs..  or second/third love cry.gif
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Oh...I forgot age of consent hmm.gif

Then...licence to go brows.gif

I sitting on cash pile now yawn.gif
SUSPink Spider
post Feb 27 2015, 01:12 PM

Formerly known as Prince_Hamsap
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QUOTE(KVReninem @ Feb 27 2015, 01:04 PM)
not planning to "eat"? brows.gif
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sign0006.gif tongue.gif
SUSPink Spider
post Feb 27 2015, 01:32 PM

Formerly known as Prince_Hamsap
********
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QUOTE(KVReninem @ Feb 27 2015, 01:30 PM)
laugh.gif kolian Qcaps laugh.gif
rolleyes.gif luckily didnt follow your argument about it icon_rolleyes.gif
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Huh??? blink.gif
SUSPink Spider
post Mar 4 2015, 09:53 PM

Formerly known as Prince_Hamsap
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And speculation is abound that BNM might cut rates...
SUSPink Spider
post Mar 5 2015, 04:21 PM

Formerly known as Prince_Hamsap
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QUOTE(yong417 @ Mar 5 2015, 04:16 PM)
last 2 yrs, they gave buffet voucher @ hotels in MV.. i used that in WildRice both times
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Totally free or still have to pay?
SUSPink Spider
post Mar 5 2015, 04:54 PM

Formerly known as Prince_Hamsap
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QUOTE(yong417 @ Mar 5 2015, 04:52 PM)
FOC~~(except car park fee la~  tongue.gif )

reservation required~

but cant use it on the AGM day itself~~
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Ok...I'm going drool.gif
SUSPink Spider
post Mar 5 2015, 06:20 PM

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QUOTE(gark @ Mar 5 2015, 06:16 PM)
Wei anyone wanna proxy for me to get free gifts?  laugh.gif

» Click to show Spoiler - click again to hide... «

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rclxms.gif
SUSPink Spider
post Mar 6 2015, 09:16 AM

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Err...noob questions:

(1) 10% tax withheld from REIT dividends...do I have to report in my income tax submission?
(2) The 10% tax can be claimable? But...I doubt my tax bracket lower than 10%... hmm.gif
(3) Can just go the AGM empty-handed? Or must bring along the Annual Report? unsure.gif
SUSPink Spider
post Mar 6 2015, 09:58 AM

Formerly known as Prince_Hamsap
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QUOTE(ronnie @ Mar 6 2015, 09:55 AM)
1. No
2. No
3. Bring your MyKad only.
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But the dividend voucher there states, "unitholders are to declare in tax submission"... rclxub.gif
SUSPink Spider
post Mar 6 2015, 10:00 AM

Formerly known as Prince_Hamsap
********
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QUOTE(yong417 @ Mar 5 2015, 04:16 PM)
last 2 yrs, they gave buffet voucher @ hotels in MV.. i used that in WildRice both times
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Eh, the voucher is for 1 pax or 2 pax or for a certain RM value?

If eat alone...where got fun doh.gif
SUSPink Spider
post Mar 6 2015, 10:08 AM

Formerly known as Prince_Hamsap
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QUOTE(ronnie @ Mar 6 2015, 10:06 AM)
It's standard format dividend voucher which will be phased out with Single-Tier-Dividend
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bcos I also doubt my tax bracket below 10%...if declare, means I have to pay MORE tax! Why declare tongue.gif
SUSPink Spider
post Mar 6 2015, 11:50 AM

Formerly known as Prince_Hamsap
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QUOTE(Hapeng @ Mar 6 2015, 11:46 AM)
or u could bring me. icon_idea.gif
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blekkk tongue.gif
SUSPink Spider
post Mar 6 2015, 01:38 PM

Formerly known as Prince_Hamsap
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But hor...sacrifice half day annual leave...about RM100

Is the voucher worth RM100 ar? hmm.gif
SUSPink Spider
post Mar 6 2015, 01:51 PM

Formerly known as Prince_Hamsap
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QUOTE(gark @ Mar 6 2015, 01:49 PM)
Its not about the voucher or money.. its your responsibility as shareholder to vote for your rights.  brows.gif
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If I agree on all resolutions, no need to vote ma biggrin.gif
SUSPink Spider
post Mar 8 2015, 11:55 AM

Formerly known as Prince_Hamsap
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QUOTE(aspartame @ Mar 8 2015, 11:33 AM)
Can someone describe to me how most of the AGMs are scheduled like registration, whether got light refreshments before AGM, how long the AGM, any lunch break/buffet provided, how long the whole process etc. Have not been to any AGMs before. I guess if held in 5 star hotels, food might be good?  tongue.gif
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Experience from my own company AGM...

Registration of shareholders/proxies...
AGM...read out resolutions...vote...
Finish AGM...makan session...it's all buffet style...

My company shareholders mostly aunties and uncles...all resolutions go thru like a breeze...they're there just for the makan session tongue.gif

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