Tag: Hektar

Hektar Real Estate Investment Trust (Hektar REIT) has been awarded “Company of the Year” under the “Stakeholder and Community Sustainability Engagement Initiatives” category of the Sustainability & CSR Malaysia Awards 2022 held today at Mandarin Oriental Hotel Kuala Lumpur.This award follows the recent 4-star Environmental, Social and Governance (ESG) rating upgrade received by Hektar REIT as a constituent of the FTSE4Good Bursa Malaysia Index (F4GBMI) in the June 2022 evaluation by FTSE Russell. The Sustainability & CSR Malaysia Awards 2022, which was officiated by the Minister of Rural Development, YB Dato’ Seri Mahdzir bin Khalid, and represented by the Secretary-General ... Read more

Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT) is pleased to announce the appointment of En. Johari Shukri bin Jamil, 50, as the Chief Executive Officer (CEO) of Hektar Asset Management effective 11 June 2022. En. Johari Shukri bin Jamil, CEO of Hektar Asset Management En. Johari Shukri bin Jamil, CEO of Hektar Asset Management (Link) En. Johari will succeed Dato’ Hisham bin Othman, 60, who has reached mandatory retirement age after helming Hektar Asset Management as CEO since May 2016. The Board would like to extend its appreciation to Dato’ Hisham for ... Read more

Hektar Asset Management Sdn. Bhd., the Manager for Hektar Real Estate Investment Trust (“Hektar REIT”), today announced the first quarter results ended 31 March 2021 (“1Q 2021”). Hektar REIT recorded revenue of RM26.78 million, which is 12.8% lower than the RM30.71 million recorded in the same quarter of the preceding year. The reported revenue fell mainly due to the rental income, carpark income and lower hotel occupancy, consistent with other retail and hospitality REITs that were affected because of the pandemic outbreak and implementation of mobility restrictions. Net property income of RM14.09 million for the quarter decreased by 10.3% compared ... Read more