Trading ideas: SunREIT, IGB REIT, IGB Commercial REIT, CLMT, Sapura Energy, Samaiden, MFM, UZma, Avillion and Reneuco

[ KUALA LUMPUR: Recent corporate announcements could put the spotlight on SunREIT, IGB REIT, IGB Commercial REIT, CLMT, Sapura Energy, Samaiden, MFM, UZma, Avillion and Reneuco, said Apex Securities Research. Sunway Real Estate Investment Trust‘s (Sunway REIT) net property income (NPI) decreased by 7.2% to RM135.7 million for the fourth quarter ended Dec 31, 2023. … Read more

IGB Reit’s net profit rises to rm517.63 mln in fy2023

[ KUALA LUMPUR: IGB Real Estate Investment Trust (REIT) has chalked up a higher net profit of RM517.63 million for the financial year ended Dec 31, 2023 (FY2023) as compared with RM396.16 million in the previous year. Revenue for the year under review rose 8.6 per cent to RM604.31 million from RM556.41 million registered previously. … Read more