Company Hektar Real Estate Investment Trust

Equities

HEKTAR

MYL5121TO007

Commercial REITs

End-of-day quote BURSA MALAYSIA 03:30:00 29/04/2024 am IST 5-day change 1st Jan Change
0.68 MYR 0.00% Intraday chart for Hektar Real Estate Investment Trust +0.74% +4.62%

Business Summary

Hektar Real Estate Investment Trust (the Trust) is a Malaysia-based retail-focused real estate investment trust (REIT). The Trust's primary objectives are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT. The Trust's investment strategies include investing and managing real estate assets predominantly involved in retail and/or shopping centers; focused on investing under a long-term investment horizon; managing and continuing to extract synergies and efficiencies from the existing portfolio, and others. The Trust's portfolio of commercial properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah, and Segamat Central in Segamat, Johor. The Trust's manager is Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd.

Number of employees: 2,500

Sales per Business

MYR in Million2022Weight2023Weight Delta
Rental
68.0 %
83 70.3 % 76 68.0 % -8.14%
Service and Promotional Charges
17.2 %
19 15.8 % 19 17.2 % +3.19%
Carpark
9.3 %
10 8.9 % 10 9.3 % -0.69%
Hotel
4.0 %
4 3.5 % 4 4.0 % +7.71%
Other
1.4 %
2 1.4 % 2 1.4 % -3.75%

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
100.0 %
117 100.0 % 111 100.0 % -5.07%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 22/22/22
Director of Finance/CFO 58 01/22/01
Compliance Officer - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Secretary - -
General Counsel - -
Corporate Officer/Principal 53 01/18/01
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Corporate Officer/Principal 53 01/18/01
Director/Board Member 59 10/23/10
Director/Board Member 56 09/02
Chief Executive Officer 51 22/22/22
Director/Board Member 69 10/23/10

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 706,812,657 355,344,796 ( 50.27 %) 0 50.27 %

Shareholders

NameEquities%Valuation
154,458,326 21.85 % 21 M RM
Hektar Group
17.55 %
124,013,854 17.55 % 17 M RM
Hextar Rubber Sdn. Bhd.
14.30 %
101,100,000 14.30 % 14 M RM
42,798,398 6.055 % 6 M RM
Employees Provident Fund
2.830 %
20,000,000 2.830 % 3 M RM
Aventura Sdn. Bhd.
1.379 %
9,746,028 1.379 % 1 M RM
State of Johor
1.273 %
9,000,000 1.273 % 1 M RM
GMA Resources Sdn. Bhd.
1.273 %
9,000,000 1.273 % 1 M RM
8,000,000 1.132 % 1 M RM
Bak Sim Teh
0.7074 %
5,000,000 0.7074 % 670 800 RM

Company contact information

Hektar Real Estate Investment Trust

D1-U3-10, Solaris Dutamas No. 1, Jalan Dutamas 1

50480, Kuala Lumpur

+

http://www.hektarreit.com
address Hektar Real Estate Investment Trust(HEKTAR)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
0.68 MYR
Average target price
0.625 MYR
Spread / Average Target
-8.09%
Consensus

Annual profits - Rate of surprise

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