Company KIP Real Estate Investment Trust

Equities

KIPREIT

MYL5280TO001

Commercial REITs

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-18 pm EDT 5-day change 1st Jan Change
0.9 MYR 0.00% Intraday chart for KIP Real Estate Investment Trust +0.56% +0.56%

Business Summary

KIP Real Estate Investment Trust (KIP REIT) is a Malaysia-based real estate investment trust. The KIP REIT’s principal investment objective is to provide Unitholders with regular and stable income distributions through real estate-related assets producing sustainable income and capital growth. KIP REIT invests directly and indirectly, in a portfolio of income producing real estate used for retail purposes, and for industrial or commercial purposes, including, without limiting the generality of the foregoing, warehousing facilities, logistic facilities and manufacturing sites as well as real estate-related assets. Its s property portfolio consists of seven community-centric malls located in suburban areas across Peninsular Malaysia and three industrial properties located at Pulau Indah, Klang, Selangor. KIP REIT portfolio includes KIPMall Tampoi, KIPMall Masai, KIPMall Kota Tinggi, KIPMall Senawang, and KIPMall Melaka. Its investment manager is KIP REIT Management Sdn. Bhd.

Number of employees: 18

Sales per Business

MYR in Million2022Weight2023Weight Delta
Rental
88.1 %
65 88.0 % 74 88.1 % +13.83%
Utilities Reimbursement
6.7 %
4 5.8 % 6 6.7 % +31.35%
Promotion Area
4.4 %
3 4.7 % 4 4.4 % +5.82%
Property Related and Other Advertising
0.8 %
1 1.5 % 1 0.8 % -40.28%

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
100.0 %
74 100.0 % 84 100.0 % +13.64%

Managers

Managers TitleAgeSince
Chief Executive Officer 36 18-11-29
Compliance Officer 35 -
Chief Investment Officer 36 -
Corporate Secretary 58 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 19-04-14
Director/Board Member 71 16-04-19
Director/Board Member 64 15-12-17
Chairman 67 16-04-19
Chief Executive Officer 36 18-11-29
Director/Board Member 41 22-08-17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 618,630,000 320,252,839 ( 51.77 %) 0 51.77 %

Shareholders

NameEquities%Valuation
Hextar Rubber Sdn. Bhd.
19.54 %
120,857,000 19.54 % 23 M RM
62,486,283 10.10 % 12 M RM
34,347,288 5.552 % 6 M RM
Yayasan Guru Tun Hussein Onn
2.748 %
17,000,000 2.748 % 3 M RM
14,882,500 2.406 % 3 M RM
Great Eastern Life Assurance Co. Ltd.
2.203 %
13,625,600 2.203 % 3 M RM
Employees Provident Fund
1.804 %
11,162,300 1.804 % 2 M RM
Kumpulan Wang Persaraan Diperbadankan
1.553 %
9,609,200 1.553 % 2 M RM
Etiqa Insurance Bhd. (Investment Portfolio)
1.120 %
6,931,700 1.120 % 1 M RM
6,100,000 0.9860 % 1 M RM

Company contact information

KIP Real Estate Investment Trust

Unit B-6, Blok B, Tingkat 6 Menara KIP, No. 1 Jalan Seri Utara 1

68100, Kuala Lumpur

+

http://www.kipreit.com.my
address KIP Real Estate Investment Trust(KIPREIT)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
0.9 MYR
Average target price
1.02 MYR
Spread / Average Target
+13.33%
Consensus

Annual profits - Rate of surprise

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