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IPO Info Key Data:
Prospectus: THE INITIAL PUBLIC OFFERING OF 78,000,000 UNITS REPRESENTING UNDIVIDED INTERESTS IN UOA REAL ESTATE INVESTMENT TRUST ("UNITS") COMPRISING: (I) PUBLIC ISSUE OF 3,000,000 UNITS AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC AT THE RETAIL PRICE OF RM1.15* PER UNIT, PAYABLE IN FULL UPON APPLICATION (II) OFFER FOR SALE OF 75,000,000 UNITS COMPRISING: - 7,000,000 UNITS AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC AT THE RETAIL PRICE OF RM1.15* PER UNIT, PAYABLE IN FULL UPON APPLICATION; - 3,000,000 UNITS AVAILABLE FOR APPLICATION BY THE ELIGIBLE EMPLOYEES, DIRECTORS AND BUSINESS ASSOCIATES OF UOA HOLDINGS SDN BHD GROUP OF COMPANIES AT THE RETAIL PRICE OF RM1.15* PER UNIT, PAYABLE IN FULL UPON APPLICATION; AND - 65,000,000 UNITS AVAILABLE FOR APPLICATION BY SELECTED INVESTORS AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING IN CONJUNCTION WITH THE LISTING OF UOA REAL ESTATE INVESTMENT TRUST ON THE MAIN BOARD OF BURSA MALAYSIA SECURITIES BERHAD * THE FINAL RETAIL PRICE WILL EQUAL THE LOWER OF: (A) RM1.15; AND (B) 97% OF THE INSTITUTIONAL PRICE, SUBJECT TO ROUNDING ADJUSTMENTS  Be the first to like this.   hokf95 Why is this stock so quiet? The price has also been declining. Is it because it's undervalued? It just acquired the UOA corporate tower. Profit is going to shoot but the demand for this counter is still low. Any thoughts? 01/06/2021 5:45 PM choysun Wah, great performance result. Looking forward to my yummy divvy. Sentral next please :) 22/07/2021 8:32 PM PenguinSociety if you can't see the bull trend, you are missing out the big picture 24/07/2021 9:14 AM Neokek82 Very good qr, wait for next dividend announcement. Confirm more than 4.32 cent. 18/11/2021 5:36 PM michaeltks The Manager intends to distribute at least 95% of the realised income before tax (unaudited) for the second half year ended 31 December 2021, to be distributed by end of Feb 2022 as described under Section B17, Income Distribution. 20/11/2021 2:19 PM michaeltks The Manager intends to distribute at least 95% of the realised income before tax (unaudited) for the second half year ended 31 December 2021, to be distributed by end of Feb 2022 as described under Section B17, Income Distribution. 20/11/2021 2:19 PM  Thirai Thiraviam I remember a time when the annual dividend was over 10 cents, and the share trading at around RM1.50. For long-term investors, the overall return has not been that great. 03/04/2022 6:52 PM  SmallCapAsia The upcoming recession could be a great opportunity for bargain hunters. Analysts are positive on UOA REIT and 6 other stocks as mentioned in the link below: https://www.smallcapasia.com/7-interesting-stock-ideas-for-june-2022-my/ 20/06/2022 8:35 AM Kenokaya If buy tomorow 3/8 still can get dividen or not? (Before ex date 4/8) Because only tomorow got money 02/08/2022 4:59 PM  speakup best mall reit: igbreit best office reit: ouareit best industrial reit: axreit best hospital reit: alaqar best diversified reit: sunreit buy only the best, forget the rest! 21/01/2023 2:16 PM DividendGuy67 Last year, total dividend is 8.62 but is taxable. Net of 10% tax gives 7.76 sen which is still a very nice dividend yield of 6.9%. Q1/23 earnings dipped a little relative to Q1/22 earnings, but even if dividends reduces slightly, it should be able to maintain 6.5% net of tax yield, which should easily beat EPF rate. If you own a basket of REIT, you should own a piece of UOAREIT too. I have a nice position here which I'm content. 20/07/2023 9:58 PM Gohhocks Dividend declared at 3.96 cents, how much net dividend if u own 1000 shares? Thanks 25/07/2023 11:11 AM dkxinj7 when do i need to buy to entitle for the 3.96 cents devidend payout per share? 25/07/2023 2:52 PM soon9913 any TP for this counter? UAO reit many properties are still empty, dont get tenant yet 08/08/2023 12:11 PM JrWarren I suppose it will stay at RM1.12. The above statement of "UAO reit many properties are still empty" is without proper research. FY2022 annual report indicated average occupancy rate of close to 80% as at 31 December 2022, the revenue in 2Q2023 financial report has not change much. Therefore, I think occupancy rate is quite stable for Q2. 08/08/2023 2:05 PM DividendGuy67 This is one of my diversified REITs. I have a small holding due to its attractive 6.8% dividend yield at 1.09. I just added at 1.10, and will be looking to add at lower prices. I don't own it for price appreciation, just expecting this REIT to beat EPF every year. The risk is I suspect the dividend for 2023 may be a record low dividend, at least TTM is, but a part of me thinks that when all looks bleak, it's time to get some of these cheap. I always could be wrong, hence, just 3% for me. 23/08/2023 11:38 PM ken Div, you are right. I have been buying selling and enjoy it div for many years. This counter is actually not bad. Good property location... 24/08/2023 5:28 AM speakup Uoareit is by far the best office REIT. Beats Sentral & Tower hands down Best mall REIT: IGBREIT Best diversified REIT: SUNREIT Best industrial REIT: AXREIT Best hotel REIT: YTLREIT 19/01/2024 7:37 AM DividendGuy67 Book closure 3.86 sen, bringing total taxable dividend FYE2023 to 7.82 sen (or 7.04 sen after tax). It has been a tough year for Office sector. The last 6 years, DPS keeps declining: 2018: 8.225 sen 2019: 8.199 sen 2020: 7.596 sen 2021: 7.966 sen (recovering) 2022: 7.758 sen 2023: 7.038 sen (new low). It may be a decent REIT, but comparing FYE2022 vs FYE2023: - Gross Rental Income is lower, Property Operating Expenses high giving lower Net Rental Income for FYE2023 (challenging headwinds). - Manager's fees flat / inches up a tiny bit - Borrowing costs up This basically explains the new low. This REIT is 3.6% of my portfolio, my last add was 1.08. Keeping it small. Reminds me of Buffet's quote: When a management with a reputation for brilliance tackles a business with a reputation for poor fundamental economics, it is the reputation of the business that remains intact.” The office REIT space is not exactly poor, but has been facing headwinds since COVID pandemic. UOAREIT DPS has been declining at least a couple of year prior to the onset of COVID pandemic. No matter how good the management is, it is hard to outperform in this sector. Still, Dividend Yield after tax is 6.2% per annum, should still be matching EPF this year i.e. still a decent result. Perhaps not as good as MAYBANK benchmark, but still, not too bad for some diversification. 23/01/2024 11:07 PM | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
