Hektar REIT supports tenants


“Hektar’s tenant support programme will help to ease cash flow challenges that tenants may be facing due to the sudden drop in revenue during the MCO, ” Executive director and chief executive officer Datuk Hisham Othman (file pic) said

KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT) has introduced a tenant support programme across shopping centres under its portfolio as a relief measure for tenants affected by the movement control order (MCO) to curb Covid-19.

Executive director and chief executive officer Datuk Hisham Othman said the programme would be able to help the majority of the 600 tenants in six shopping centres – Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Wetex Parade and Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah; and Segamat Central in Segamat, Johor.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

TRC Synergy Bhd wins RM249mil construction job
OGX signs underwriting agreement
FBM KLCI extends winning streak, ringgit at one-week high
BP flags up to US$5bil in energy transition impairments, weak oil trading
Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy
Gold notches record high, silver cracks US$90 on Fed rate cut bets
Ninja Van Malaysia projects 5-10% growth in domestic parcel volumes in 2026
Guan Huat Seng Holdings IPO oversubscribed by 4.78 times
Maybank GWM financial assets hit RM565bil on Islamic wealth strong momentum
Trump tariffs in focus ahead of key US court decision

Others Also Read