Knowledge

KLCC Property Holdings

Source 📝

417: 950: 288: 269: 246: 223: 198: 404:. In 2013, the company undertook a corporate restructuring, which involved the transfer of three prime real estate office properties, including the Petronas Towers, into the newly formed KLCC REIT. KLCCP Stapled Group is the largest REIT in Malaysia with a 474:
The group has first right of refusal to acquiring future developments by its majority shareholder, KLCC Holdings Sdn Bhd (the 100%-owned property development subsidiary of Petronas). KLCC Holdings is currently developing an office building and
817: 938: 459:(at a ratio of 1 share for every 1.8 million units) to create the KLCCP Stapled Group. The transfer of the properties was done to take advantage of income tax exemption for earnings by a 669: 931: 1121: 1116: 916: 1131: 924: 74: 494:
KLCCP Stapled Group has four main business segments: Property investment - Office, Property investment - Retail, Hotel operations, and Management services.
1126: 1101: 1096: 1111: 355: 39: 683: 328: 67: 555: 905: 581: 214: 639: 479:
with Qatari Diar REIT (Lot 185) and an office building on Lot 91 with Sapura Resources Berhad. Both are located in the KLCC area.
789: 460: 347: 476: 468: 1015: 955: 340: 611: 433: 94: 705: 49: 674: 182: 99: 400:
KLCCP was incorporated in 2004 as a vehicle to offer a portion of Petronas's property holdings to the
1030: 822: 794: 425: 332: 1055: 1106: 1025: 517: 363: 38: 513: 506: 502: 483: 456: 448: 444: 386: 344: 279: 201: 131: 1070: 1000: 617: 498: 486:, including constructing a 60-storey hotel, office and retail building known as Dayabumi. 440: 405: 351: 1005: 758: 464: 401: 390: 324: 63: 759:"KLCC stapled looking to acquire two multi- billion ringgit assets from KLCC Holdings" 1090: 995: 57: 416: 525: 452: 367: 336: 137: 589:
Unaudited interim financial statements for the six month period ended 30 June 2015
471:– is managed by KLCC REIT Management Sdn Bhd, a wholly owned subsidiary of KLCCP. 439:
In 2013, the company undertook a corporate restructuring in which it injected the
80: 1035: 17: 1065: 985: 521: 359: 237: 869: 1075: 1050: 1010: 1040: 844: 733: 389:
with KLCC REIT units; the stapled securities are listed on Main Market of
343:(KLCC) area. Among the properties owned or managed by the company and its 1060: 1045: 949: 463:
in Malaysia. The stapled securities were re-listed on the Main Market of
429: 394: 1020: 766: 710: 679: 647: 432:. In 2004, Petronas sold a 46% interest in KLCCP in one of the largest 818:"KLCCP eyes RM1bil assets, plans acquisitions to boost Reit portfolio" 335:
company which owns and manages office, retail and hotel properties in
980: 975: 415: 260: 177: 990: 509:, with a combined net lettable area of 4.5 million square feet. 920: 898: 706:"Malaysia's biggest ever REIT jumps 3.9 percent on debut" 640:"KLCCP stapled group debuts on Bursa Malaysia main board" 482:
It is also looking to redevelop the area surrounding the
301: 670:"KLCC Property to list Malaysia's biggest REIT in April" 557:
Financial statements for the year ended 31 December 2014
451:
into the newly created KLCC REIT. Consequently, the
296: 277: 258: 235: 212: 191: 167: 148: 126: 108: 87: 73: 55: 45: 610: 420:The Petronas Towers and Suria KLCC at their base. 913:Business data for KLCC Property Holdings Berhad: 932: 8: 29: 512:Other properties held by KLCCP include the 939: 925: 917: 37: 28: 1122:Real estate companies established in 2004 906:KLCC Property Holdings Berhad (MYX: 5089) 550: 548: 546: 544: 542: 540: 428:arm of Malaysia's national oil company, 1117:Malaysian companies established in 2004 536: 397:through direct and indirect interests. 1132:Government-owned companies of Malaysia 816:Intan Farhana Zainul (18 April 2014). 845:"About KLCC REIT: Property portfolio" 591:, KLCC Property Holdings Berhad, 2015 563:, KLCC Property Holdings Berhad, 2014 455:of KLCCP and units of KLCC REIT were 7: 1127:Companies listed on Bursa Malaysia 870:"About KLCCP: Corporate structure" 788:Wong, Wei-Shen (3 February 2015). 25: 516:on Jalan Sultan Hishamuddin, the 467:in May 2013. The REIT – which is 375:KLCC Real Estate Investment Trust 32:KLCC Real Estate Investment Trust 948: 734:"About KLCCP: Corporate profile" 497:KLCC REIT's portfolio comprises 465:Bursa Malaysia Securities Berhad 391:Bursa Malaysia Securities Berhad 381:) – which it manages – form the 287: 286: 268: 267: 245: 244: 222: 221: 197: 196: 1102:Companies based in Kuala Lumpur 1097:2004 establishments in Malaysia 174:Office & retail real estate 1112:Property companies of Malaysia 682:. 1 March 2013. Archived from 424:KLCC Property Holdings is the 408:of RM12 billion in June 2015. 356:tallest buildings in the world 157:Krishnan C.K. Menon (Chairman) 1: 874:KLCC Property Holdings Berhad 849:KLCC Property Holdings Berhad 738:KLCC Property Holdings Berhad 609:Burton, John (21 July 2004). 317:KLCC Property Holdings Berhad 30:KLCC Property Holdings Berhad 461:real estate investment trust 393:. The group is 75%-owned by 348:real estate investment trust 291:RM13.85 billion (2020) 272:RM16.80 billion (2020) 1148: 790:"Three new towers in KLCC" 524:shopping centre (60%) and 136:Jalan Sultan Hishamuddin, 971: 962: 253:2.516 billion (2020) 230:3.501 billion (2020) 36: 956:FTSE Bursa Malaysia KLCI 612:"KLCC plans M$ 770m IPO" 520:Kuala Lumpur (75%), the 434:initial public offerings 373:The company, along with 341:Kuala Lumpur City Centre 207:8.35 billion (2020) 436:in Malaysia that year. 965:As of 23 December 2019 421: 114:; 20 years ago 50:Public limited company 675:The Malaysian Insider 582:"B.14 Summary of NAV" 419: 183:Facilities management 954:Constituents of the 499:Petronas Twin Towers 441:Petronas Twin Towers 358:from 1998 to 2004), 352:Petronas Twin Towers 112:7 February 2004 95:Property development 908:, bursamalaysia.com 426:property investment 385:. KLCCP shares are 383:KLCCP Stapled Group 333:property investment 100:Property investment 33: 422: 160:Hashim Wahir (CEO) 1084: 1083: 1026:Malaysia Airports 518:Mandarin Oriental 507:Menara ExxonMobil 449:Menara ExxonMobil 366:Kuala Lumpur and 364:Mandarin Oriental 331:) is a Malaysian 314: 313: 16:(Redirected from 1139: 953: 952: 941: 934: 927: 918: 902: 901: 899:Official website 885: 884: 882: 880: 866: 860: 859: 857: 855: 841: 835: 834: 832: 830: 813: 807: 806: 804: 802: 785: 779: 778: 776: 774: 755: 749: 748: 746: 744: 730: 724: 723: 721: 719: 702: 696: 695: 693: 691: 666: 660: 659: 657: 655: 636: 630: 629: 627: 625: 614: 606: 600: 599: 598: 596: 586: 578: 572: 571: 570: 568: 562: 552: 514:Dayabumi Complex 503:Petronas Tower 3 484:Dayabumi Complex 469:sharia-compliant 445:Petronas Tower 3 339:, mainly in the 310: 307: 305: 303: 292: 290: 289: 282: 273: 271: 270: 263: 254: 252: 248: 247: 231: 229: 225: 224: 215:Operating income 208: 206: 200: 199: 178:Hotel operations 132:Dayabumi Complex 122: 120: 115: 83: 41: 34: 21: 1147: 1146: 1142: 1141: 1140: 1138: 1137: 1136: 1087: 1086: 1085: 1080: 1071:Tenaga Nasional 1001:Hong Leong Bank 967: 958: 947: 945: 897: 896: 893: 888: 878: 876: 868: 867: 863: 853: 851: 843: 842: 838: 828: 826: 815: 814: 810: 800: 798: 787: 786: 782: 772: 770: 769:. 18 April 2015 757: 756: 752: 742: 740: 732: 731: 727: 717: 715: 704: 703: 699: 689: 687: 686:on 4 March 2016 668: 667: 663: 653: 651: 644:The Borneo Post 638: 637: 633: 623: 621: 618:Financial Times 608: 607: 603: 594: 592: 584: 580: 579: 575: 566: 564: 560: 554: 553: 538: 534: 492: 414: 406:net asset value 300: 285: 278: 266: 259: 250: 243: 240: 227: 220: 217: 204: 195: 187: 163: 151: 144: 140: 135: 118: 116: 113: 104: 79: 60: 31: 23: 22: 18:KLCC Properties 15: 12: 11: 5: 1145: 1143: 1135: 1134: 1129: 1124: 1119: 1114: 1109: 1104: 1099: 1089: 1088: 1082: 1081: 1079: 1078: 1073: 1068: 1063: 1058: 1053: 1048: 1043: 1038: 1033: 1028: 1023: 1018: 1013: 1008: 1006:IHH Healthcare 1003: 998: 993: 988: 983: 978: 972: 969: 968: 963: 960: 959: 946: 944: 943: 936: 929: 921: 915: 914: 910: 909: 903: 892: 891:External links 889: 887: 886: 861: 836: 808: 780: 750: 725: 697: 661: 631: 601: 573: 535: 533: 530: 491: 488: 477:Fairmont Hotel 413: 410: 312: 311: 298: 294: 293: 283: 275: 274: 264: 256: 255: 241: 236: 233: 232: 218: 213: 210: 209: 193: 189: 188: 186: 185: 180: 175: 171: 169: 165: 164: 162: 161: 158: 154: 152: 149: 146: 145: 142: 130: 128: 124: 123: 110: 106: 105: 103: 102: 97: 91: 89: 85: 84: 77: 71: 70: 61: 56: 53: 52: 47: 43: 42: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1144: 1133: 1130: 1128: 1125: 1123: 1120: 1118: 1115: 1113: 1110: 1108: 1105: 1103: 1100: 1098: 1095: 1094: 1092: 1077: 1074: 1072: 1069: 1067: 1064: 1062: 1059: 1057: 1054: 1052: 1049: 1047: 1044: 1042: 1039: 1037: 1034: 1032: 1029: 1027: 1024: 1022: 1019: 1017: 1014: 1012: 1009: 1007: 1004: 1002: 999: 997: 994: 992: 989: 987: 984: 982: 979: 977: 974: 973: 970: 966: 961: 957: 951: 942: 937: 935: 930: 928: 923: 922: 919: 912: 911: 907: 904: 900: 895: 894: 890: 875: 871: 865: 862: 850: 846: 840: 837: 825: 824: 819: 812: 809: 797: 796: 791: 784: 781: 768: 764: 763:Daily Express 760: 754: 751: 739: 735: 729: 726: 713: 712: 707: 701: 698: 685: 681: 677: 676: 671: 665: 662: 650:. 10 May 2013 649: 645: 641: 635: 632: 620: 619: 613: 605: 602: 590: 583: 577: 574: 559: 558: 551: 549: 547: 545: 543: 541: 537: 531: 529: 527: 523: 519: 515: 510: 508: 504: 500: 495: 489: 487: 485: 480: 478: 472: 470: 466: 462: 458: 454: 450: 446: 442: 437: 435: 431: 427: 418: 411: 409: 407: 403: 398: 396: 392: 388: 384: 380: 376: 371: 369: 365: 361: 357: 353: 349: 346: 342: 338: 334: 330: 326: 322: 318: 309: 299: 295: 284: 281: 276: 265: 262: 257: 242: 239: 234: 219: 216: 211: 203: 194: 190: 184: 181: 179: 176: 173: 172: 170: 166: 159: 156: 155: 153: 147: 139: 133: 129: 125: 111: 107: 101: 98: 96: 93: 92: 90: 86: 82: 78: 76: 72: 69: 65: 62: 59: 54: 51: 48: 44: 40: 35: 27: 19: 964: 877:. Retrieved 873: 864: 852:. Retrieved 848: 839: 827:. Retrieved 821: 811: 799:. Retrieved 793: 783: 771:. Retrieved 762: 753: 741:. Retrieved 737: 728: 716:. Retrieved 714:. 8 May 2013 709: 700: 688:. Retrieved 684:the original 673: 664: 652:. Retrieved 643: 634: 622:. Retrieved 616: 604: 593:, retrieved 588: 576: 565:, retrieved 556: 526:Menara Maxis 511: 496: 493: 481: 473: 438: 423: 399: 382: 378: 374: 372: 368:Menara Maxis 337:Kuala Lumpur 320: 316: 315: 280:Total equity 261:Total assets 138:Kuala Lumpur 127:Headquarters 81:MYL5235SS008 46:Company type 26: 1056:Public Bank 1091:Categories 1066:Sime Darby 986:CelcomDigi 532:References 522:Suria KLCC 360:Suria KLCC 238:Net income 150:Key people 119:2004-02-07 1076:Top Glove 1051:PPB Group 1011:IOI Group 490:Portfolio 379:KLCC REIT 58:Traded as 1107:Petronas 1061:RHB Bank 1046:Petronas 879:8 August 854:8 August 829:8 August 823:The Star 801:8 August 795:The Star 773:8 August 743:8 August 718:8 August 690:8 August 654:8 August 624:8 August 595:8 August 567:8 August 430:Petronas 395:Petronas 350:are the 168:Services 143:Malaysia 88:Industry 1021:Maybank 996:Genting 767:Bernama 711:Reuters 680:Reuters 648:Bernama 528:(33%). 457:stapled 412:History 387:stapled 345:stapled 297:Website 192:Revenue 117: ( 109:Founded 1041:Nestlé 981:Axiata 976:AmBank 453:shares 402:public 362:, the 329:5235SS 68:5235SS 1031:Maxis 585:(pdf) 561:(pdf) 354:(the 321:KLCCP 304:.klcc 1036:MISC 991:CIMB 881:2015 856:2015 831:2015 803:2015 775:2015 745:2015 720:2015 692:2015 656:2015 626:2015 597:2015 569:2015 505:and 447:and 306:.com 75:ISIN 1016:KLK 325:MYX 308:.my 302:www 64:MYX 1093:: 872:. 847:. 820:. 792:. 765:. 761:. 736:. 708:. 678:. 672:. 646:. 642:. 615:. 587:, 539:^ 501:, 443:, 370:. 327:: 323:; 249:RM 226:RM 202:RM 141:, 66:: 940:e 933:t 926:v 883:. 858:. 833:. 805:. 777:. 747:. 722:. 694:. 658:. 628:. 377:( 319:( 251:0 228:0 205:0 134:, 121:) 20:)

Index

KLCC Properties

Public limited company
Traded as
MYX
5235SS
ISIN
MYL5235SS008
Property development
Property investment
Dayabumi Complex
Kuala Lumpur
Hotel operations
Facilities management
RM
Operating income
Net income
Total assets
Total equity
www.klcc.com.my
MYX
5235SS
property investment
Kuala Lumpur
Kuala Lumpur City Centre
stapled
real estate investment trust
Petronas Twin Towers
tallest buildings in the world
Suria KLCC

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.