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Hektar Real Estate Investment Trust (Malaysia)

Main Activities: Real Estate
Full name: Hektar Real Estate Investment Trust Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Hektar Real Estate Investment Trust engages in the property development business. The property includes shopping centres. Hektar Real Estate Investment Trust (HEKTAR) was formed to acquire and invest in income producing real estate in Malaysia that is primarily of a shopping mall nature with a view to provide unitholders with stable distribution of income and potential capital growth. Hektar Asset Management Sdn Bhd (Hektar) is the manager of Hektar REIT, while Izrin and Tan Properties Sdn Bhd is the property management company (PMC). Hektar REIT is the only fund under the manager, while Hektar Klasik Sdn Bhd (HKSB) is the holding company. HKSB is involved in property investment and management. Hektar Premier is controlled by Dato' Jaafar Bin Abdul Hamid, the former Managing Director of United Engineers Malaysia Berhad. The company was incorporated in 2006 and is based in Kuala Lumpur.

Headquarters
Hektar Asset Management Sdn Bhd, D1-U3-10, Block Di, Solaris Dutamas, No. 1, Jalan Dutamas 1
Kuala Lumpur; Federal Territories; Postal Code: 50480

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Website: http://www.hektarreit.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Chief Executive Officer
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Director/Member of the Board
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Secretary
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Secretary
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Outside Director
Ownership Details
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31.06%
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27.44%
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12.72%
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2.49%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
15.69%
Total operating revenue
13.82%
Operating profit (EBIT)
-2.69%
EBITDA
32.24%
Net Profit (Loss) for the Period
-7.1%
Total assets
17.09%
Total equity
22.68%
Operating Profit Margin (ROS)
-8%
Net Profit Margin
-5.67%
Return on Equity (ROE)
-0.64%
Debt to Equity Ratio
-9.78%
Quick Ratio
3.21%
Cash Ratio
0.18%

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