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KLSE News: 9 Dec 2014 – Sunway REIT is buying Sunway Hotel Georgetown…

Sunway REIT is buying Sunway Hotel Georgetown in Penang and Wisma Sunway in Shah Alam from subsidiaries of Sunway Bhd for RM134m. “The acquisitions are to provide unit holders with exposure to a diversified portfolio of investments that will provide stable cash distributions with the potential for sustainable growth in net asset value per unit,” […]

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KLSE Investor Market Comment Begin’g – 8 Dec 2014

Dear Subscriber Last week institutional players have been reducing their stakes in oil related and blue chip shares including Dialog, Sapura Kencena, and IOI Corp. On the other hand EPF has been buying Axis Reit, Telecom and IHH Healthcare. Valuation of the KLSE has dropped to a more reasonable PE of 15.3 times. Heavy short […]

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