5121

Hektar Real Estate Investment Trust

5121.KLSE hektarreit.com
Price N/A
MYR · KLSE
52-week range
0.40
0.52
Market Cap
358.19M
P/E Ratio
16.83
Forward P/E
12.50
Book Value
1.05
Div. Yield
4.51%
% Institutions
4.84%
% Insiders
61.12%

1 Year

+18.0%

3 Year

-2.5%

10 Year

-35.6%
Description

Hektar Real Estate Investment Trust (Hektar REIT) is Malaysia's first listed retail-focused REIT. The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT. Hektar REIT was listed on the Main Market of Bursa Malaysia Securities Berhad on December 4, 2006 and currently owns 2 million square feet of retail space and an education property across 4 states with total assets valued at RM1.39 billion. On 19 February 2025, The Manager has announced the proposed acquisition of an industrial property located in Bayan Lepas, Penang for RM30 million, marking Hektar REIT's dedication to diversification for yield-accretive non-retail assets, being the first industrial asset in its portfolio. On 24 June 2025, The Manager also announced the proposed acquisition of 90% equity stake of Terramark Sdn Bhd, a real estate backed vehicle with strategic land parcel in Chuping, Perlis earmarked for solar farm development. Hektar REIT is managed by Hektar Asset Management Sdn Bhd. Hektar REIT's portfolio of diversified properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Kolej Yayasan Saad in Ayer Keroh, Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah and Segamat Central in Segamat, Johor. Hektar Real Estate Investment Trust was incorporated on October 5th, 2006 in Malaysia.

Company Information

Company Name
Hektar Real Estate Investment Trust
Sector
Real Estate
Industry
REIT - Retail
Exchange
KLSE
ISIN: MYL5121TO007
Currency: MYR
Full Time Employees: 0
Phone: 60 3 6205 5570
Fiscal Year End: December
Description:

Hektar Real Estate Investment Trust (Hektar REIT) is Malaysia's first listed retail-focused REIT. The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT. Hektar REIT was listed on the Main Market of Bursa Malaysia Securities Berhad on December 4, 2006 and currently owns 2 million square feet of retail space and an education property across 4 states with total assets valued at RM1.39 billion. On 19 February 2025, The Manager has announced the proposed acquisition of an industrial property located in Bayan Lepas, Penang for RM30 million, marking Hektar REIT's dedication to diversification for yield-accretive non-retail assets, being the first industrial asset in its portfolio. On 24 June 2025, The Manager also announced the proposed acquisition of 90% equity stake of Terramark Sdn Bhd, a real estate backed vehicle with strategic land parcel in Chuping, Perlis earmarked for solar farm development. Hektar REIT is managed by Hektar Asset Management Sdn Bhd. Hektar REIT's portfolio of diversified properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Kolej Yayasan Saad in Ayer Keroh, Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah and Segamat Central in Segamat, Johor. Hektar Real Estate Investment Trust was incorporated on October 5th, 2006 in Malaysia.

Address:

D1-U3-10, Solaris Dutamas, Kuala Lumpur, Malaysia, 50480

People

Directors & Officers

Name Title Year Born
Mr. Kek Siang Lim Senior General Manager of Finance - Hektar Asset Management Sdn Bhd 1966
Ms. Sabrina Halim Chief Operating Officer NA
Mr. Martin Chen General Manager of Legal & Corporate Affairs - Hektar Asset Management Sdn Bhd NA
Ms. Ling Eunice General Manager of Governance & Compliance Officer NA
Mr. Abdul Haffis Bin Karim Head of Operations NA
Mr. Muhammad Hafidz Bin Nuruddin FCIS, MAICSA Joint Company Secretary of Hektar Asset Management Sdn Bhd NA
Ms. Seck Wah Lim MAICSA Joint Company Secretary of Hektar Asset Management Sdn Bhd 1959
Ms. Puspa Bt Nordin Aldela Chief Executive Officer of Hektar Property Services Sdn Bhd 1968
Mr. Asief bin Mohd Hassan Senior Manager of Strategy - Hektar Asset Management Sdn Bhd NA

Financial Highlights

Market Cap: $358.19M
EBITDA: $43.91M
P/E Ratio: $16.83
Book Value: $1.05
Dividend/Share: $0.02
Dividend Yield: 4.51%
Earnings/Share: $0.03
Profit Margin: 16.51%
Operating Margin: 35.31%
ROA (TTM): 1.84%
ROE (TTM): 2.80%
Revenue (TTM): $126.07M
Revenue/Share (TTM): $0.18
Earnings Growth (YOY): 33.60%
Revenue Growth (YOY): 1.20%

Valuation Metrics

Enterprise Value: $1.02B
Trailing P/E: 16.83
Forward P/E: 12.50

Shares Statistics

Shares Outstanding: 709.29M
Shares Float: 290.33M
% Insiders: 61.12%
% Institutions: 4.84%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$124.73M
Cost of Goods Sold
adjust
$-67.66M
Gross Profit
subtotal
$57.06M
SG&A
adjust
$-14.12M
Other Operating Expense
adjust
$-91.55M
Operating Income
subtotal
$19.06M
Other / Non-Operating Items
adjust
$-303.39K
Net Income
subtotal
$18.76M

Earnings Per Share (EPS) History

Financial Ratios

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