Posted by Pinky > 2024-01-15 13:50 | Report Abuse

As IGBREIT investor, happy to see this:

https://www.midvalley.com.my/locate/parking/index.aspx

Posted by smartly > 2024-01-30 19:48 | Report Abuse

Entitlement subject Income Distribution
Entitlement description 2.70 sen per unit comprising 2.65 sen taxable and 0.05 sen non-taxable for the fourth quarter ended 31 December 2023
Ex-Date 15 Feb 2024

Posted by KingKKK > 2024-04-21 19:34 | Report Abuse

Unfazed by Volatility: 5 Malaysia REITs with Strong Fundamentals (KingKKK) - AXREIT, CLMT, IGBREIT, SUNREIT, PAVREIT

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-21-story-h-182972911-Unfazed_by_Volatility_5_Malaysia_REITs_with_Strong_Fundamentals_KingKKK

Posted by goldenhope > 2024-04-30 08:54 | Report Abuse

Free KFC combo set for shareholders who attend AGM

Posted by manobm3 > 2 months ago | Report Abuse

Is it good time to buy igbreit now?

Posted by Pinky > 2 months ago | Report Abuse

Anytime is good time to invest in MidValley+Gardens

Posted by zzprozaz > 1 month ago |

Post removed.Why?

Posted by Pinky > 1 month ago | Report Abuse

@admin please ban that joker spammer zzprozaz

Posted by Bob3336 > 1 month ago | Report Abuse

Tmrw should be good day for this stock. Even though failed trump assassination

Posted by speakup > 1 month ago | Report Abuse

go to mall & buy. dont be lazy! otherwise your barang2 kena campak like this: https://focusmalaysia.my/video-of-spx-express-couriers-flinging-parcels-into-trucks-disregard-of-sops-by-staff-enrages-netizens/

Posted by Pinky > 2 weeks ago | Report Abuse

Wow. Rallying REIT!

Posted by jeffchan1901 > 2 weeks ago | Report Abuse

FUN FACT: For those interested. If you're wondering whether you should pay personal income tax for REIT stocks and by how much, this should be and interesting read.

Usually all dividends are declared AFTER corporate tax. In such case no need declare in income tax as Malaysia only practices SINGLE taxation and not DOUBLE taxation. Also Malaysia does not have CAPITAL GAINS TAX on non-property asset sales (only applicable on PROPERTY ie RPGT). This applies if company distributes at least 90% of income to shareholders. However, an exemption to the rule if Income less than 90% is distributed to shareholders.

SOURCE1: ://thesun.my/business-news/how-are-individual-reit-holders-taxed-DL8085410

If a (Real Estate Investment Trusts) fund distributed at least 90 percent of their total yearly income to unit holders, the REIT itself is exempted from tax for that year of assessment.

However, unit holders are liable to tax on the distribution of income. Since the income distributed by REITs are tax exempt, no tax credit under subsection 110(9A) of the Income Tax Act (ITA) 1967 would be available to the unit holders.

On the other hand, tax exempt income received by REITs and subsequently distributed to unit holders continue to be tax exempt in the hands of these unit holders.

REITs unit holders are taxed in the year of assessment the distribution is received not the financial year of the REITs.

Starting for the year 2009, tax for REIT dividend has been amended. If a unit holder has income from sources other than REITs, an Income Tax Return Form (ITRF) has to be filed (e.g. Form BE, B or M for individuals or Form C for companies), income from REITs is not required to be included in the ITRF form as the Withholding Tax is a final tax.

SOURCE2: www.hasilnet.org.my/tax-on-reit-investment/