Malaysian Property Market Outlook and REITs
CIMB Investment Bank Berhad has arrange a FREE seminar on the Malaysian Property Market Outlook and REITs exclusively for all i*Trade@CIMB customers.
Registration is on a first-come-first-serve basis.
The term REIT stands for Real Estate Investment Trust.
It is a trust fund that holds and invests in RENTAL commercial properties. Its major incomes is rental income and it is required by the law to distribute most of its profit as dividend to its shareholder holders.
REIT can be one of the very exciting instrument for the purpose of cumulating income generating assets without the hassle managing the rental on your own.
For more about REIT read Reviewing Malaysian REITs
*** I would say REIT is a Hidden Gem!
*** A good alternative to Direct Property Investment. 
If you a not a i*Trade@CIMB customers, just open an account with them & the opening account cost is very minimal.
As many people wanted to trade oversea other then Malaysia market but do not know where to open their account to trade. As a customer, you can even do Cross Border Trading.
This facility offers the flexibility to trade in Non-Ringgit markets which include Singapore Stock Exchange (SGX), American Stock Exchange (AMEX), New York Stock Exchange (NYSE), NASDAQ and Hong Kong Stock Exchanges (HKSE).
Malaysian Property Market Outlook and REITs
Date: 15th August 2009 (Saturday)
Venue: Kristal Ballroom 1, West Wing, PJ Hilton, Malaysia
Programme
8.30 am – Registration
9.00 am – Opening Remarks
9.10 am – Malaysian Property Market Outlook 2009 by Mr. Allan Soo, Managing Director, Regroup Associates
9.50 am – What is a REIT? by Stewart LaBrooy, CEO, Axis REIT Managers Bhd
10.20 am – Refreshment
10.45 am – AmFirst REIT Corporate Presentation by YPLim, CEO, Am ARA REIT Managers Sdn Bhd (Office and Retail Properties)
11.05 am – AmanahRaya REIT Corporate Presentation by Pn. Sharizad Jumaat, CEO, AmanahRaya-JFM Asset Management Sdn Bhd (Hotels, Higher Education, Office, and Industrial Properties)
11.25 am – Axis REIT Corporate Presentation by Stewart LaBrooy. CEO, Axis REIT Managers Bhd (Industrial, Warehouse and Office Properties)
11.45 am – Q&A with Panel of Speakers
11.50 am – Closing Remarks
12.00 pm – End
Related posts:
- Malaysian Property Market Outlook and REITs at Ipoh Perak
- Malaysian Property Market Outlook and REIT | FREE Seminar
- Reviewing Malaysian REITs
- Property Market Outlook for 2010 | Malaysia
- Stock Market Outlook for 2010
[...] Investment Bank Berhad has arrange a FREE seminar on the Malaysian Property Market Outlook and REITs exclusively for all i*Trade@CIMB customers at Ipoh, [...]
AmanahRaya REIT to buy two buildings for RM227mil
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AmanahRaya Real Estate Investment Trust’s (REIT) management company, AmanahRaya-REIT Managers Sdn Bhd, has proposed to buy two leasehold buildings for RM227mil.
In an announcement to Bursa Malaysia on behalf of the management company, ECM Libra Investment Bank Bhd said the acquisitions and related expenses would be part-funded via a proposed placement to raise RM119mil.
“The actual number of placement units to be issued pursuant to the proposed placement will be determined based on the final issue price of the placement units, which shall be determined later,” the investment bank said adding that AmanahRaya-REIT Managers proposed to acquire the six-storey Selayang Mall and the 13-storey Dana 13, a stratified office building that is part of the Dana 1 Commercial Centre in Petaling Jaya.
fr:biz.thestar.com.my/news/story.asp?file=/2010/1/16/business/5485210&sec=business
Sunway City hires bankers for REIT IPO
KUALA LUMPUR: Property developer Sunway City Bhd has hired RHB Investment Bank and Credit Suisse as the main coordinators for the planned listing of its real estate investment trust (REIT) in Malaysia, sources with knowledge of the deal said yesterday.
The listing of the REIT, the biggest ever in the South-East Asian country, was likely to happen in the first half of 2010 and the company may raise about RM1bil in its public offering, one of the sources told Reuters.
“The REIT will have a market capitalisation of more than RM3bil,” said one source.
Credit Suisse will act as the international global coordinator while RHB will handle all domestic issues.
Sunway City was not immediately available for comment, while RHB and Credit Suisse declined to comment.
Sunway City, valued at US$440mil, told Reuters last year that it may revive the plan to float its property assets in 2010 depending on the recovery in markets.
Sunway City said earlier this month the REIT would group at least four properties in Kuala Lumpur and one in Penang
fr:biz.thestar.com.my/news/story.asp?file=/2010/1/28/business/5561530&sec=business