I bet YTL Power gives you enough headache

Lols. Let use figure to illustrate.
REIT company Level
Scenario 1
Let say REIT earn RM 10k from its business rental.  If the REIT declare all RM 10k from it earned as distribution in dividend, then this REIT company wont  have any chargeable income.meaning this REIT deemed to earn ZERO income for the year assessment.

Scenario 2
REIT earn RM 10k. But declare 8k only as dsitribution for dividend. RM10k-8k = RM 2k .THis RM 2k is taxable @ 26%, as per the normal coporate tax rate. Meaning 2k *0.26 =RM 520, to be paid to government.
Unit Holder Level

Assume, REIT has enough cashflow to declare dividend. Say this REIT has 10 shareholders with each shareholders holding 1 share only.

So as usual there are many type of shareholders. Say here, we have 5 share holders are individual investor and 5 more are coporate investor. So upon franking the RM 10k dividend:

Individual investor: They will share out the 5k/5 meaning each getting RM 1k. But REIT will deduce 10% from each of them acting on behalf IRB to collect the tax due to single tax div tier. Meaning each shareholder here will get RM1k* 0.9= RM 900 each.

Corporate Investor: Each will pocket RM 1k too. But REIT deduct 25% of from each of the corporate investor.
Meaning, RM 1k * 0.75 =RM 750 each will be pocketed by corporate investor.
And, the list goes on for other type of investor as stipulated.
Hope you guys understand=))

It is a long term lease (15 years), 90+ million cost of acqusition with 8 million annual rental income.

http://www.horizon.my/investor/reits.php
Compilation of all the REITs in Malaysia together with dividend yield, dps, gearing, market cap. properties portfolio and real time info  

Lols..nola..a website which I found it useful as it compiles all the real time data which includes all the DPS, D yield, Gearing,Ebit, Market Cap and etc etc. It reduce a lot of hassle for those investors that wanna know more in depth  

darkknight81,

You got your answer why I'm not mentioning about UOA now right? It's not that I am saying ATRIUM is better than UOA, but at current situation, ATRIUM is better than UOA for me.

Yup. and due to big cap between buyer and seller, you will see seller want to clear the stock, even discount few cents also never mind.

Stareit is under some selling pressure as well, may be due to the disposal news, as until now there is no new development on the acquisition part, as selling 2 of its main properties will means Stareit will have 1 billion of cash (or + preffered as published) while they only have 180 million of borrowing only.

Without new properties being injected back, yield might be temporarily being affected. Below 80 cents could be a bargain.

As many have mentioned, low volume can be both a curse AND blessing. Not necessarily bad...

All sifu, i am having issue to buy any REIT as queeing to get 1000 shares seem cannot deal!

Any dvice..? as i am seeing the boat sailing away...again...

Not actually big, a couple of hundred to thousand lot transaction is not considered big. As ordinary fund manager when shifting their portfolio time, this kind of transaction is norm or sometimes classified as minor only.

Qcapital is having much more volume than Stareit today.

Company Name : UOA REAL ESTATE INVESTMENT TRUST 
Stock Name : UOAREIT

Date Announced :15/01/2010 
EX-date        :29/01/2010
Entitlement date :03/02/2010

Entitlement in Currency :RM0.0568

i am waiting for sunway REIT, i think if i can get the ipo, sure can gain....any idea how much the price will be?

Primary factor is always location.

If really want to choose between the option above, my view, health-care, as it is more customed made generally. But still location overwrite all the factors, as land is the most precious value of the asset, not the building.

bought some UOA yesterday, today 0.79% return 

1.26

YTLP dividend can cover , I though it will go down today , but go up.now wait and see this 6 month, whether want to go in or not, because this REIT is not too liquid compared to other REIT.