jbtan
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Posts: 27
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« on: March 14, 2006, 02:10:55 PM » |
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GLM REIT Management Sdn Bhd, a wholly-owned subsidiary of GuocoLand (Malaysia) Bhd, will float a real estate investment trust (REIT) on Bursa Malaysia's main board early next month. It is the country's fourth REIT to be listed, after Axis-REIT, Starhill-REIT and UOA-REIT. The fund, known as the Tower-REIT, comprises two commercial buildings, Menara HLA and HP Towers, acquired at a total cost of RM351 million. Menara HLA is located in Jalan Kia Peng, near KLCC, and has a net lettable area of 400,000 sq ft. HP Towers, with a lettable area of 350,000 sq ft, is in Damansara Heights. Both properties are over 80 per cent occupied. (Business Times)
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« Last Edit: March 14, 2006, 02:13:00 PM by jbtan »
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Malaysia's Biggest Investment Forum
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« on: March 14, 2006, 02:10:55 PM » |
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julez.lim
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« Reply #2 on: September 19, 2006, 05:15:11 PM » |
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Boustead are setting up an Islamic plantation REIT. What do you think?
They consist of palm oil estates...
Once a while I would read tat crude palm oil price rises and would boost the palm oil companies...
What do you think? Worth investing if the REIT really happens?
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Maxforce
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« Reply #3 on: September 19, 2006, 06:13:46 PM » |
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Now THIS is interesting!!!!
I ll bet one two lots on it at the very least.
Should be a lot of hype and interest - at least for the first few weeks.
Should make money
THANKS FOR THE INFO!!!!
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Five points a day, keeps you out of harm's way.
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earwax
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« Reply #4 on: September 20, 2006, 12:58:25 AM » |
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What is an Islamic REIT?  |
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Right beside every great brain there is... Earwax!  |
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penang_lim
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« Reply #5 on: September 20, 2006, 01:00:40 AM » |
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It's true. How islamic can a REIT be? Like Syariah funds?
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When the time comes, all investment knowledges should be passed to the younger generations for further enhancement.
Thx & Rgds;
Lim
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Maxforce
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« Reply #6 on: September 20, 2006, 07:18:26 AM » |
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Change a few terms, dont do anything sinful - voila - Islamic fund!
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Five points a day, keeps you out of harm's way.
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julez.lim
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« Reply #7 on: September 20, 2006, 08:40:05 AM » |
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As far as I know, it's according to Syariah laws, in all the ways they operate... But don't think so this will impact much since it's plantation unlike syariah funds...
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earwax
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« Reply #8 on: October 27, 2006, 12:39:52 AM » |
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I heard there's this new REIT managed by Citibank, it's international one... Last year it made 30% but I can't remember the name... has anyone heard about this before? |
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Right beside every great brain there is... Earwax! |
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Maxforce
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« Reply #9 on: October 27, 2006, 12:42:18 AM » |
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Forget the REIT oledi... too small gain + high risk of capital depreciation  |
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Five points a day, keeps you out of harm's way.
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Malaysia's Biggest Investment Forum
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