Stronger: MIDF research says it is positive on MRCB
KUALA LUMPUR: Supported by higher rental reversion, MRCB-Quill REIT’s (MQREIT) financial results for the first nine months of 2016 (9M16) came in better than UOB Kay Hian Malaysia Research’s expectations, with its net profit up 23.8% on-year to RM45.9mil.
Year-to-date, MQREIT has declared a 4.2 sen dividend, which formed 48.5% of UOB Kay Hian’s full-year dividend forecast.
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