hello cherroy,

coming back to the last question on REIT:-

so we can claim back tax credit on this 15% tax?

please advise, thanks

Driven by tax benefits.

The government has provided several incentives to make Malaysian REITs an attractive investable instrument. In addition to providing tax exemption to REITs (subject to minimum distribution levels), Budget 2007 introduced a reduction in tax rates for institutional and retail unitholders. Retail unitholders are subject to withholding tax of 15% for dividends received from the trust. This means that dividends received at the hand of retail investors are no longer subject to further taxation. This tax incentive is particularly beneficial to retail investors who are subject to tax brackets of over 15%. We believe the government could potentially provide more incentives in the upcoming Budget 2008 as it continues to actively promote REITs.

High dividend yielding instrument.

One of REIT's main attraction lies with the fact that it distributes almost all its income as dividend to unitholders. Malaysian REIT is currently yielding approximately 7.2% on average for 2007. At 7.2%, it compares favourably with other instruments in the market even after taking into account withholding tax of 15% for retail investors.

This post has been edited by Neo18: Nov 24 2007, 03:56 PM

Currently i have about RM50k of ATRIUM REIT @ 1.012 average price

i hope government reduce witholding tax to 10% next year

cherroy,

check this webpage out!!!!
the most detailed analysis of REIT in malaysia!!!

http://mreit.blogspot.com/

May i also ask, lately AXIS is coming out in the newspaper very frequently. Apperently, they intend to buy more property a

Althought the yeild is lower than ATRIUM, should i buy more ATRIUM or buy some AXIS instead?

This post has been edited by Neo18: Dec 14 2007, 03:16 PM

ok la.. i will put some Axis into my portfolio...

now price very attractive.. 1.77 can get gross 8.2% dividend

ATRIUM is also up now.

I think because of uncertainty in the stock market, people are now buying more REIT counter, because it's safe

i wanted to buy AXIS at 1.8 but now already 1.86!! i'm so angry!!

Dear Cherroy,

I have to wait for bullet to come in ma!!! today 28th, ngam ngam gaji day.. so i can only shoot today but already up!!!

huh? i don't understand.. i don't receive dividend until maybe end of February. So i still need to pump in more money into REIT.. maybe take it up to 100k

cherroy,

if you have 100k in REIT, average return is about 6.5% la.. so u got RM6.5k every year, where got 3-4k?

i bought 4 lot of AXIS @ 1.85 today

ante,

how do u c that statistic? i know i got partially this morning, and another half more in the afternoon session

Industrial REIT = ATRIUM

AXIS reit is really cheonging la

may i know when is ATRIUM going to announce their quarterly result?

ok la, i think it's time to add on more ATRIUM REIT

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Added on January 9, 2008, 5:02 pmOMG, Axis is now only 1.8!!! time to buy!!!

This post has been edited by Neo18: Jan 9 2008, 05:02 PM

ya, i'm queing to buy 7 lot @1.80!!!!

I didnt' get AXIS @ 1.8 la!!! how come?

Cherroy, I really want to buy this counter, today, Can give me advise on what should be my offer price?

Dear Cherroy,

thank you very much for your input, you all always very helpful.

Once i become millionaire, i will buy you a drink first.

Not too long, my target is end of this year

Cherroy,

Not yet la. althought i'm 60% there.

what bout u? diam diam ubi berisi!!!
still water run deep!!!

are you one yet?