You won't lose money with this counter at this price. In the long term return easily over 6%pa. Retail and office reit may be affected by online shopping now and more so in the future but doctors will always need a hospital to function
profit flat . Not much capital gain fr this counter and price is stable . If you are satisfied with div yield around 5-6% only then invest in this one .
Al-Aqar Healthcare REIT is selling commercial properties in Johor Bahru for RM100 million to Optimum Impress Sdn Bhd. Al-Aqar will use the sale proceeds to cut debt and finance working capital and future acquisitions. In a statement to Bursa Malaysia today, Al-Aqar's manager Damansara REIT Managers Sdn Bhd said the sale involved disposal of freehold land with a 27-storey hotel and 31-storey office block. The hotel is known as Hotel Selesa, while the office block is known as Metropolis Tower. Damansara REIT said Al-Aqar signed the sale and purchase agreement with Optimum Impress for the all-cash deal. "The proposed disposal will enable Al-Aqar to realise the value of its investment in Hotel Selesa Tower and to utilise the proceeds for repayment of bank borrowings, working capital and/or future acquisition(s)," Damansara REIT said. Al-Aqar's original cost of investment in these properties was RM87.2 million on May 15, 2009. As at Dec 31, 2015, the properties had a collective net book value of RM103.5 million
Al-Aqar Healthcare REIT is selling commercial properties in Johor Bahru for RM100 million to Optimum Impress Sdn Bhd. Al-Aqar will use the sale proceeds to cut debt and finance working capital and future acquisitions. In a statement to Bursa Malaysia today, Al-Aqar's manager Damansara REIT Managers Sdn Bhd said the sale involved disposal of freehold land with a 27-storey hotel and 31-storey office block. The hotel is known as Hotel Selesa, while the office block is known as Metropolis Tower. Damansara REIT said Al-Aqar signed the sale and purchase agreement with Optimum Impress for the all-cash deal. "The proposed disposal will enable Al-Aqar to realise the value of its investment in Hotel Selesa Tower and to utilise the proceeds for repayment of bank borrowings, working capital and/or future acquisition(s)," Damansara REIT said. Al-Aqar's original cost of investment in these properties was RM87.2 million on May 15, 2009. As at Dec 31, 2015, the properties had a collective net book value of RM103.5 million
08:54 X King Kong73 Al-Aqar Healthcare REIT is selling commercial properties in Johor Bahru for RM100 million to Optimum Impress Sdn Bhd. Al-Aqar will use the sale proceeds to cut debt and finance working capital and future acquisitions. In a statement to Bursa Malaysia today, Al-Aqar's manager Damansara REIT Managers Sdn Bhd said the sale involved disposal of freehold land with a 27-storey hotel and 31-storey office block. The hotel is known as Hotel Selesa, while the office block is known as Metropolis Tower. Damansara REIT said Al-Aqar signed the sale and purchase agreement with Optimum Impress for the all-cash deal. "The proposed disposal will enable Al-Aqar to realise the value of its investment in Hotel Selesa Tower and to utilise the proceeds for repayment of bank borrowings, working capital and/or future acquisition(s)," Damansara REIT said. Al-Aqar's original cost of investment in these properties was RM87.2 million on May 15, 2009. As at Dec 31, 2015, the properties had a collective net book value of RM103.5 million
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
yazid7655
601 posts
Posted by yazid7655 > 2012-04-10 12:05 | Report Abuse
hmmm...slow but low risk....