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Economy reopening, travel resumption to drive earnings
KUALA LUMPUR: KLCCP Stapled Group’s earnings for the third quarter of 2021 could come under pressure as the retail and hospitality sectors continue to face headwinds from the ongoing Covid-19 pandemic.
KUALA LUMPUR (Bernama) -- KLCC Real Estate Investment Trust’s (REIT) net profit rose to RM144.01 million in the second quarter ended June 30, 2021 (Q2 2021) from RM140.46 million in the same quarter a year ago.
PETALING JAYA: KLCC Real Estate Investment Trust’s (KLCC REIT) premium asset quality and its stable office segment due to its location will continue to support the trust’s market value, moving forward, in these uncertain times.
KUALA LUMPUR: KLCCP Stapled Group remains cautious about its prospects for 2021, and anticipates the year to still be challenging while the national Covid-19 vaccination rollout would foster market recovery.
KUALA LUMPUR: KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd has appointed Md Shah Mahmood as it new CEO, effective May 1,2021.
KUALA LUMPUR: KLCC Property Holdings Bhd and KLCC REIT Management Sdn Bhd has appointed Md Shah Mahmood as the new CEO, effective May 1, 2021.