AME REIT Anchored On JS SEZ Momentum

Source: Business Today

Kenanga Investment Bank Research maintained a target price of RM1.48 for AME REIT. The trust's net profit was RM20.9 million for the first half of the financial year. Resilient rental income and demand for manufacturing facilities in Johor contributed to this. AME REIT also acquired new industrial properties.

What it means for buyers, tenants and investorsShareholders of AME REIT can check the trust's financial performance and the demand for manufacturing facilities in Johor to assess the potential impact on their investment.

What it means for Japanese buyers

AME REIT's net profit is RM20.9 million.

This affects investors in AME REIT, particularly those in Johor.

Check the impact on rental income with the REIT manager.

Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.

Key facts

AreasJohor
SectionInvestment & REITs
Date
SourceBusiness Today ↗

Read the original story ↗

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