皇冠信用网
热门标签

Telegram分享群组(www.tel8.vip):KIP REIT in maiden RM79mil industrial asset deal

时间:2周前   阅读:4   评论:1

usdt接口开发www.trc20.vip)是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键出售Usdt。

KIP REIT Management Sdn Bhd executive director Datuk Ong Kook Liong said the the proposed deal is in line with KIP REIT’s amended investment policy as at Sept 29, 2020.

KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) will buy three industrial properties in Pulau Indah Industrial Park, Port Klang, Selangor, for RM78.7mil, in its maiden acquisition of industrial assets.

KIP REIT said in a statement the conditional deal was inked with Hextar Chemicals Sdn Bhd, Hextar Industrial Chemicals Sdn Bhd and Teju Logistics Sdn Bhd.

The market value of the properties is RM78.9mil, based the valuation on June 20, 2022 by Henry Butcher Malaysia (Selangor) Sdn Bhd.

With the proposed deal, about 350,000 sq ft of lettable area will be added into KIP REIT’s portfolio.

The industrial properties will be leased to related companies of the Hextar group on a triple net basis for 15 years at a total initial annual rental of RM5.1mil, with built-in agreed rental escalations of 13% due on the fourth, seventh and 11th year.

KIP REIT currently has a portfolio of seven properties, which comprises of six KIP Malls, located in Bangi, Tampoi, Kota Tinggi, Masai, Senawang, Melaka and AEON Mall Kinta City in Ipoh. It has a total net lettable area of over 1,478,000 sq ft and total asset value of RM845.2mil.

,

Telegram分享群组www.tel8.vip)是一个Telegram群组分享平台。Telegram分享群组包括Telegram分享群组、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram分享群组为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

The proposed acquisitions and leases are deemed related party transactions, and will need the approval of the unitholders of KIP REIT as well as shareholders of Hextar Global Bhd. Datuk Eddie Ong Choo Meng, the major shareholder of Hextar, is also a major unitholder of KIP REIT.

The proposed deal is expected to be completed in the second quarter of 2023.

KIP REIT Management Sdn Bhd executive director Datuk Ong Kook Liong said the the proposed deal is in line with KIP REIT’s amended investment policy as at Sept 29, 2020.

“While we will continue to manage all our retail-focused assets, we will also continue to explore growth opportunities in the industrial and warehousing sub-sectors to grow our income base investment portfolio of industrial assets,” he said.

In a statement, Hextar Global said it would receive RM27mil cash from KIP REIT for the sale of Hextar Chemicals’ manufacturing facility in Pulau Indah Industrial Park.

The RM27mil cash proceeds will be used towards financing the working capital of Hextar Global, after defraying transaction expenses.


转载说明:本文转载自Sunbet。

上一篇:皇冠下载:MPOA names Joseph Tek as new CEO

下一篇: usdt接口开发(www.trc20.vip)

网友评论

  • 2022-09-22 21:25:57

    Dayang Enterprise Holdings Bhd returned to the black in 2Q22, with a net profit of RM42.02 million.悄悄走过~