pink gor, pavreit coming to u

1.32 ok for me. 

A new member, Al-Salam REIT will join Bursa on 29/9

6.41%

growth projection got ?
property belong sendiri and rent sendiri...Can every year to justify increase rental.

What is RPT...

Taikor invest since the IPO? 

before Sunway group took over also like "dead" mall.. Now I went also looks "dead" to me   

even with Events going on in PTWC, got some people. it's better a bit compare with no event time

Thanks Hong, I will check out the article. Apart from PWTC activity, have you seen office crowd going to putra mall during weekday? I have seen office crowd at quill retail mall, but not sure about putra mall:)

On CMMT, spoken to someone who used to work at Capital Mall office overlooking Sungei Wang, heard that individual lot owner would like to sell the lot, but CMMT don't want to buy due to current weak condition of the mall. Have you guys come across any reported news that CMMT may dispose its stake in Sungei wang? If MRT is up and running, you guys opined the mall can come back alive and kicking?

I have not invested in CMMT, take note of the good yield, just  concern on the rental drag from Sungei wang although CMMT does have many others assets..

I'm also not sure about the GST implications thingy

maybe Pinky can help 

I think this is more about the management fee by the managing agent.

Eg.
Reit engage management company, which incur 1 mil as management fee.

As in ordinary sense, a 1 mil tax invoice will be issued by the manager to the reit, which need to incur GST.
So total payable by the reit to the manager is 1 mil + 6% GST.

But now, reit substitute it with issuance of new unit instead of payment in cash form.

So in the issuance new unit as payment, GST should be incurred as well, if not (if issuance new unit instead of payment in cash as a form of manager fee), there is a loop hole to "escape" the GST.

In term of tax perspective, it should be no difference.

But this should not be affecting on shareholders in term of DPU or earning of reit.

It doesn't have any relationship between GST and public shareholding.

Right issue to raise capital is not subjected to GST.
Just like IPO, there is no GST.

But if you use the new issuance unit as a form of payment, then yes GST still applied.
This is to prevent a loop hole in GST that can be exploited.

what is the "ok" price to go in for igbreit?