HEKTAR (5121): Financials Summary, Key Results, Growth

On 11 October 2023, UOBKH, had on behalf of the Board, announced that Hektar REIT intended to undertake a private placement of up to 20% of the total number of issued units of Hektar REIT pursuant to the Authority granted by unitholders at the AGM dated 6 April 2023 ("Previous Proposed Private Placement").

After due deliberation on Hektar REIT's funding requirements, the Board has decided to revise the structure of the Proposed Private Placement to entail an issuance of up to 15% of the total number of issued units of Hektar REIT to third party investor(s) at an issue price to be determined later.

Further details of the Proposed Private Placement are set out in the attachment enclosed.

This announcement is dated 7 November 2023.

2023-11-07 20:52

The issue price of the Placement Units is assumed to be RM0.55 each, which represents a discount of approximately 9.20% to the 5D-VWAMP of Hektar REIT Units up to and including the Revised LPD of RM0.61.

Based on the illustrative issue price of RM0.55, the Proposed Private Placement is expected to raise gross proceeds of up to RM41.71 million.

2023-11-07 20:54

sgnewguy

that's why share price keep going down. bad for long term invester.

2023-11-08 09:36

The shares for private placement still not issued yet .... will only be issued someday in the future

2023-11-10 16:27

Lalaking188

private placement issued already?

2023-12-05 17:55

https://kepala-bergetar9.com/

UOBKH wishes to announce that the Board had on 5 December 2023 resolved to fix the issue price for the Private Placement at RM0.56 per Placement Unit.

The issue price of RM0.56 per Placement Unit represents a discount of 9.14% to the 5-day volume weighted average market price of Hektar REIT units up to and including 4 December 2023, being the last traded day of Hektar REIT units immediately preceding the price-fixing date, of RM0.6163 per Hektar REIT unit.

This announcement is dated 5 December 2023.

2023-12-05 20:54

KepalaBergetar1

2023-12-05 23:00

0.61 PP price, can wait & monitor

2023-12-15 14:02

Brutus

Noticed at Subang Parade already upgrading the downlights on the upper floors. Much brighter and according to the technicians there it is a lot more efficient. Also they mentioned they are using only PHILIPS for all their malls as ESG is a major concern for them.

2023-12-15 17:29

so naughty KepalaBergetar1 !

2023-12-20 15:04

flyhub888

look at PP price .. disappointed .

2023-12-25 00:39

dsxd69

crawling back to 70sen?

2023-12-26 16:47

what to do, better wait & don't topup now

2024-01-02 15:58

yrhc_eht

Hektar has around RM300m debt expiring in 2024. Any view the how the management team will settle it?

2024-01-02 20:20

triplex3mob

back to 70sen or not no one know

2024-01-09 15:51

Idk, no movement at all

2024-01-15 14:58

pencurimoviee

EV charging station Hektar probably gonna be more involved in EV related infrastructure in near future too https://pencurimoviee.com/

2024-01-21 04:46

novel23

wah how come dividen so little jor

2024-01-23 22:36

hhhiii123

still not bad la, almost 4%, somehow property value going up

2024-01-23 22:54

2.3 x 2 is 4.6 cts/66 cts now is 6.9 %, Consider can lah

2024-01-24 10:18

This time no reinvestment option ?

2024-01-24 10:19

miniminer

Don't care liao, wait for the Ang Pow, CNY first .......hehehe................

2 months ago

frick2fa

quiet cny this year

2 months ago

nasilemak5

amboi, wait 0.60

2 months ago

Hektar Real Estate Investment Trust (Hektar REIT) issued five-year medium-term notes (MTNs) worth RM215m — the first issuance under Hektar MTN Satu Sdn Bhd's MTN programme of up to RM500m in nominal value. The MTNs have a coupon rate of 4.2% per annum and are guaranteed by Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank. Proceeds from the guaranteed MTNs will be used to refinance existing borrowings and fund the REIT's capital expenditure and asset enhancement initiative for Subang Parade.

2 months ago

thanks for dividend!

1 month ago

waiting for next season

1 month ago

Lee Ying Yee

3 time pp . kill u ???

1 month ago

triplex3mob

how to kill? collect 0.60-0.62

1 month ago

Less established and suburban malls did not fare as well compared to prime counterparts. YoY, the 21% drop in Hektar’s distributable income was mainly attributed to the increase in finance cost and negative rental reversion in FY22.

1 month ago

When next dividend

3 weeks ago

eastern_joy

what's cooking now?

4 days ago

ltpklse

Any good news coming?

4 days ago

one-day show?

4 days ago

Think they are now planning some portfolio adjustment. Moving into other higher value properties with the new mamagement

4 days ago

LuckyGuns

Agree, one day show saja

4 days ago

Today almost all the Reits move up. So it may not be just a 1 days move

4 days ago