Real Estate Investment Trust (REIT)


Al-Salam REITAl-Salam Real Estate Investment Trust (REIT) is scheduled to be listed in Main Market of Bursa Malaysia on the 29th September 2015. The Initial Public Offering (IPO) consists of 252.36 million units at an IPO price of RM1.00 per unit.

Out of these, 240.76 million units are offered to Malaysian and foreign institutional and selected investors and a retail offering of 11.6 million units to the Malaysian public.

Read more →



REITReal Estate Investment Trust (REIT) is one of the most popular ways to invest in property as the dividend is rather stable and attractive. The most important reason why REIT investment is, the investor can access the fund invested in REIT rather quickly than conventional property investment as the units are traded in Bursa Malaysia.

However, bear in mind that, dividend received from REIT Investment is taxable.

For a REIT fund that 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 require to pay tax on the dividend income received from the REIT investment. As the income distributed by REITs tax exempt, no tax credit would be available to the unit holders.

If the tax exempt income received by REITs and subsequently distributed to unit holders, this dividend continues to be tax exempt to the unit holders.

Read more →



Pavilion REIT (Real Estate Investment Trust) Initial Public Offering (IPO) received an overwhelming response with its public portion of 34  million units. It was oversubscribed by 21.75times. The IPO attracted 32,781 applications or 773.6 million units.

In addition, 24.5 million units initially set aside for eligible directors and employees were made available for Malaysian Public.

Institutional and retail price was fixed at RM1.25 per unit.

Below is the allotment summary.

Read more →


IGB REIT (Real Estate Investment Trust) is scheduled to be listed in Main Market of Bursa Malaysia on the 21st September 2012. The Initial Public Offering (IPO) consists of 670 million units at an indicative IPO price of RM1.25 per unit.

Out of these, 469 million units are offered to Malaysian and foreign institutional and selected investors and a retail offering of 201 million units to the public, eligible directors and employees of the group.

The institutional price will be determined by way of book building while for the retail application, it is payable at RM1.25 upon application. If the final retail price is lower, the difference will be refunded.

Read more →


Pavilion

Pavilion REIT (Real Estate Investment Trust) Initial Public Offering (IPO) received an overwhelming response with its public portion of 31 million units. It was oversubscribed by 7.49 times. The IPO attracted 9,446 applications or 232.3 million units.

In addition, 1.5 million units initially set aside for the Preferential Allocation were made available for balloting.

Institutional price was fixed at RM0.90 per unit & retail offering was fixed at RM0.88 per unit.

Below is the allotment summary.

Read more →