KiP REIT eyes more acquisitions


Financial report: (from left) Chan, Chew, executive director Datuk Eric Ong Kook Liong and chief financial officer Hii Wei Bing going through the annual report at the AGM.

PETALING JAYA: KIP Real Estate Investment Trust (KiP REIT) has plans to diversify their portfolio based on yield rate and is looking for further acquisition of third-party assets following its successful takeover of Aeon Mall Kinta City in Ipoh.

KiP REIT chief executive officer Chan Heng Wah said during its second annual general meeting (AGM) in relation to the REIT’s geographical strategy that “we are exploring everywhere.”

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , KiP Reit , portfolio , acquisitions , Ipoh , Mall , Valerie Ong , Chan , Chew ,

   

Next In Business News

Oil settles up on Mideast tensions, posts weekly loss
Will EVs take off in Malaysia?
MAS keeps currency policy unchanged to fight elevated inflation
Adnoc decides BP is not the ‘right fit’
Vietnam VinFast’s challenges pose risk to Vingroup
Right time to tap into alternative investments
Singapore economy expands 2.7% in 1Q
Unlocking success
Traders bet ECB will chart own rate-cut path
Nextgreen IOI Pulp in production facility deal

Others Also Read