Khazanah Explains Sale Of Assets In Singapore


(Reuters pic)PETALING JAYA: Khazanah Nasional has defended its decision to sell assets it owned in Singapore through its subsidiary, M+S Pte Ltd
Khazanah managing director Shahril Ridza Ridzuan told FMT the capital costs incurred by Duo Galleria and Duo Towers were higher than the returns from rental even if all of the units in them were rented out
“It makes more sense to sell and reinvest the proceeds for higher returns,” he said. “Our threshold of return is high. So it’s better to sell to another investor that is expecting lower returns.”It was recently reported that M+S sold off its entire stake in Ophir-Rochor Commercial Pte Ltd, which owns Duo Galleria and Duo Towers, for RM4.7 billion
M+S, of which Khazanah owns 60%, continues to own the five-star Andaz Singapore, a hotel which occupies 15 floors of Duo Tower and Marina One
Shahril said Khazanah would still hold on to Marina One
Selling off Duo Tower, he added, would remove risks from Khazanah’s office portfolio and allow it to reinvest and diversify its holdings
Former prime minister Najib Razak has criticised the sale, saying it would be better for Khazanah to hold on to the properties and collect rent. He noted that nearly 100% of them were rented out
Barjoyai Bardai, an economist attached to Universiti Tun Abdul Razak, told FMT he believed the timing of the sale was bad because the properties could fetch higher prices a few years from now
“But, of course, the sale is justified if the proceeds are reinvested into other holdings that can give better returns,” he added
He said it was unlikely that Khazanah would get a chance to own such strategic assets in Singapore again without paying premium prices
“I don’t think Singapore would be open to allowing us to own such prime land again.”The land for the Duo properties was gained from a land swap
Yeah Kim Leng of Sunway University’s Business School said Khazanah’s decision should be seen as a move to reallocate portfolios and the sale should be judged according to whether it met the fund’s objectives and performance targets. - FMT

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2019/08/khazanah-explains-sale-of-assets-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Must

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Aset Khazanah Di Singapore Dijual Lagi

Aset Khazanah Di Singapore Dijual Lagi

papar berkaitan - pada 30/7/2019 - jumlah : 289 hits
Seperti dijangka Khazanah sudah jual semua pegangan dalam satu dari dua projek di Singapura yang dirunding dilancarkan dan dirasmi oleh saya masa saya PM Pegangan ini dijual kepada syarikat pelaburan Singapura Semasa mengumumkan penjualan d...
Dr M Siti Hasmah Arrive In Singapore For Bicentennial National Day Parade

Dr M Siti Hasmah Arrive In Singapore For Bicentennial National Day Parade

papar berkaitan - pada 10/8/2019 - jumlah : 416 hits
Malaysia flag wave beside the Singapore flag during the closing ceremony of 28th SEA Games in the Singapore National Stadium Malaysia will host the 29th SEA Games in 2017 FAIHAN GHANI The Star SINGAPORE Prime Minister Tun Dr Mahathir Mohama...
Resepi Bihun Goreng Singapore Longan Lime Juice Menggunakan Produk Dari Segi Fresh Market

Resepi Bihun Goreng Singapore Longan Lime Juice Menggunakan Produk Dari Segi Fresh Market

papar berkaitan - pada 9/8/2019 - jumlah : 445 hits
Sebelum bulan Ramadhan tiba mama dah memang buat persiapan awal untuk menyambut bulan yang penuh mulia ni Seperti semua ibu ibu yang lain mama akan masak juadah setiap hari dan berbuka bersama keluarga tersayang Tahun ini mama cuba masak se...
Jokowi Embarrassed By Haze Situation Affecting Neighbouring Malaysia Singapore

Jokowi Embarrassed By Haze Situation Affecting Neighbouring Malaysia Singapore

papar berkaitan - pada 10/8/2019 - jumlah : 265 hits
Indonesian President Joko Widodo said the haze caused by forest fires in Indonesia has been an embarrassment for him to face Malaysia and Singapore as the problem has affected them I sometimes feel embarrassed This week I m going to Malaysi...
Penang Building Outsourcing Centre Of Its Own After Singapore Firms Pull Out

Penang Building Outsourcing Centre Of Its Own After Singapore Firms Pull Out

papar berkaitan - pada 15/8/2019 - jumlah : 283 hits
Penang Chief Minister Chow Kon Yeow tasting a Korean dish after announcing the inaugural Penang Asian Food and Culture Festival today With him is state Tourism Development Committee chairman Yeoh Soon Hin GEORGE TOWN Penang Chief Minister C...
How You Say Your Gratitude With A Gift Hamper Singapore Little Flower Hut

How You Say Your Gratitude With A Gift Hamper Singapore Little Flower Hut

papar berkaitan - pada 8/8/2019 - jumlah : 487 hits
How You Say Your Gratitude with a Gift Hamper Singapore Little Flower Hut l Giving a gift is a great way to say your thank you towards anyone your family your loved one and even your friends and acquaintances And is one of the very best gif...
Popular Cat Food Brands In Malaysia Singapore

Popular Cat Food Brands In Malaysia Singapore

papar berkaitan - pada 12/8/2019 - jumlah : 413 hits
Royal Canin Royal Canin is another food made by Mars manufacturing Royal Canin was founded in France in 1968 as a company scientifically manufacturing dog food It was acquired by Mars in 2001 Read Royal Canin have put nutritional quality an...
Singapore Scientists Develop Antibody Drug That May Replace Chemotherapy

Singapore Scientists Develop Antibody Drug That May Replace Chemotherapy

papar berkaitan - pada 2/8/2019 - jumlah : 165 hits
File pic PETALING JAYA Singapore scientists have announced that they had discovered a new antibody drug that could one day prove to be an alternative for chemotherapy in treating various types of cancer CNA reported today The Singapore news...
Wordplay And Slang For Brand Name

Staycation Di Swiss Garden Kuantan Makbul

Kl Chinatown Festival 2024

Cultural Reasons Make Malaysians Target For Human Trafficking Says Firm

Hiburan Tahu Lah Minat Tapi Tak Perlu Follow Netizen Kecewa Lihat Pemakaian Daiyan Trisha

Cikgu Bawa Trip Tadika Naik Kapal Terbang Dengan Kawan Kawan Pengalaman Baru Anak Anak

Seketika Di Tugu Negara

Cops Probing Into Foreigner S Death In Custody At Klia


echo '';
Senarai Lagu Tugasan Konsert Minggu 2 Gegar Vaganza 2024 Musim 11

Keputusan Markah Peserta Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley


Coffee Is For Closers The Motivational Phrase From Quot Glengarry Glen Ross

Coffee 2 0 Brewing The Future Of A Beloved Beverage

Daun Gugur Dijadikan Baja Kompos

Isu Papan Tanda Aneh Dan Pelik Menteri Wilayah Masih Diam

Sanusi Told To Name Those Sabotaging Kedah S Investments

Sarawak And Malaysia Can T Afford Escalating O G Disputes