Kenanga Research retains Malaysian REITs at Overweight


KUALA LUMPUR: Kenanga Investment Research is maintaining its Overweight recommendation on Malaysian real estate investment trusts (MREITS) despite the 25 basis points rise in the Overnight Policy Rate (OPR) to 3.25%.

It said on Friday it did not expect the hike to have any significant impact on MREITs' earnings as MREITs have taken pre-emptive capital management measures over the last two years.

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