The second quarter (2Q20) realised net income also improved by 16% to RM19.08mil compared to the preceding quarter. This is largely due to higher income contribution from Platinum Sentral, Menara Shell (pic) and Tesco Penang, and after incorporating rental rebates that have already been provided for retail SME tenants, predominantly in Plaza Mont Kiara.
KUALA LUMPUR: Real estate investment trust MRCB-Quill REIT (MQREIT) has recorded a realised net income and realised earnings per unit of RM38.87mil and 3.63 sen respectively, from Jan 1 to June 30,2020 (1H20), an increase of 8.4% from the corresponding period.
Its manager MRCB Quill Management Sdn Bhd (MQM) said in a statement that MQREIT will be declaring a distribution income and distribution per unit (DPU) of RM36.76mil and 3.43 sen respectively for 1H20.
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