StarhillGbl Reit    Last:0.495    +0.01

Starhill Global Reits

3Q DPU increased by 9 % to 1.21 cents. Good result.

 

Is this going to affect DPU ????

 

SGX-ST Announcement

ADDITION OF S-REIT CONSTITUENTS IN BENCHMARK INDEX

YTL Starhill Global REIT Management Limited (the ?Manager?), the manager of Starhill Global Real

Estate Investment Trust (?Starhill Global REIT?), has been informed by FTSE Group (?FTSE?) that

Croesus Retail Trust, Mapletree Greater China Commercial Trust and Religare Health Trust have

been added to the FTSE Singapore All Cap Index and the Benchmark Index1 (as defined in the

prospectus of Starhill Global REIT dated 13 September 2005 (?Prospectus?)) on 23 September 2013.

The Benchmark Index1 is compiled and calculated independently by FTSE.

The Benchmark Index1 is relevant to the determination of the performance fee that may be paid to the

Manager under the trust deed constituting Starhill Global REIT dated 8 August 2005 (as amended)

(?Trust Deed?). Under the Trust Deed, the Manager is entitled to a performance fee2 where the

accumulated return (comprising capital gains and accumulated distributions and assuming all

distributions are re-invested in Starhill Global REIT) of the units in Starhill Global REIT in any sixmonth

period ending 30 June or 31 December exceeds the accumulated return (comprising capital

gains and accumulated distributions and assuming re-investment of all distributions) of the

Benchmark Index1. More details regarding the fees that the Manager is entitled to under the Trust

Deed may be found in the Prospectus.

As at 23 September 2013, the Singapore-listed real estate investment trusts in the FTSE Singapore

All Cap Index and which comprise the Benchmark Index1 are as follows:

1. AIMS AMP Capital Industrial REIT

2. Ascendas Hospitality Trust

3. Ascendas India Trust

4. Ascendas Real Estate Investment Trust

5. Ascott Residence Trust

6. Cache Logistics Trust

7. Cambridge Industrial Trust

8. CapitaCommercial Trust

9. CapitaMall Trust

10. CapitaRetail China Trust

11. CDL Hospitality Trusts

12. Croesus Retail Trust

13. Far East Hospitality Trust

1 Starhill Global REIT has been excluded from the Benchmark Index in accordance with the definition of ?Benchmark

Index? in the Trust Deed dated 8 August 2005 between the Manager and HSBC Institutional Trust Services

(Singapore) Limited, in its capacity as trustee of Starhill Global REIT (as amended).

2 Under the Trust Deed, the Manager is entitled to receive, inter alia, management fees comprising a base fee and a

performance fee.

2

14. First Real Estate Investment Trust

15. Fortune Real Estate Investment Trust

16. Frasers Centrepoint Trust

17. Frasers Commercial Trust

18. Keppel REIT

19. Lippo Malls Indonesia Retail Trust

20. Mapletree Commercial Trust

21. Mapletree Greater China Commercial Trust

22. Mapletree Industrial Trust

23. Mapletree Logistics Trust

24. Parkway Life Real Estate Investment Trust

25. Perennial China Retail Trust

26. Religare Health Trust

27. Sabana Shari?ah Compliant Industrial Real Estate Investment Trust

28. Starhill Global REIT1 and

29. Suntec Real Estate Investment Trust.

YTL Starhill Global REIT Management Limited

(Company registration no. 200502123C)

(as manager of Starhill Global Real Estate Investment Trust)

Lam Chee Kin

Joint Company Secretary

7 October 2013

 

  Tan Sri Yeoh Tiong Lay grandson not marrige Taiwan legislation speaker 's daughter.
杨 忠 礼 机 构 集 团 创 办 人 丹 斯 里 杨 忠 礼 出 面 澄 清 ， 王 金 平 女 儿 并 非 嫁 给 其 长 孙 杨 恭 耀
http://aseantradinglink.blogspot.com/2013/09/tan-sri-yeoh-tiong-lay-grandson-not.html

 

YTL's parents came from Jinmen, Taiwan.

 

Francis Yeoh eldest son marriage Taiwan legislation speaker's daughter

王 金 平 的 女 婿 是 杨 忠 礼 的 长 孙 杨 恭 耀

http://aseantradinglink.blogspot.com/2013/09/francis-yeoh-eldest-son-marriage-taiwan.html

 

 

 

Local Retail REITs: Outlook remains sanguine

Local retail landlords ended 2Q13 on a positive note, with results mostly in line with our expectations.

Aggregate leverage for the quarter has also improved sequentially across the board. Notably, a significant portion of the REITs? existing borrowings are either based on fixed rates or hedged. This will likely limit the impact of rising interest rates on the REITs? DPUs and yields.

Looking ahead, we are maintaining our positive view on the local retail REITs due to AEI activities and better rental rates for the leases due for renewal. In addition, the local retail landscape has remained largely stable.

According to Jones Lang LaSalle (JLL) 2Q13 Singapore property market review report, the growth in rents island-wide is likely to range between 0% and 0.2%, while capital values grow by 2.7%-3.8% in 2013.

We are keeping our OVERWEIGHT rating on the local retail REIT subsector. Starhill Global REIT remains as our preferred pick, due to its apparent growth drivers, higher-than-average yield of 6.8% and compelling valuation (0.88x P/B).


Source : OCBC

 

AseanTradingLink.blogspot.com  : Corporate Pricess 3 : Ruth Yeoh and siblings

 

Asean TradingLink.blogspot : Taiwan's CommonWealth Magazine :

The Man Who Brings Water to Bath YTL Corporation's Francis Yeoh

 

The Man Who Brings Water to Bath YTL Corporation's Francis Yeoh Taiwan's CommonWealth Magazine http://aseantradinglink.blogspot.com/2013/08/the-man-who-brings-water-to-bath-ytl.html

 

can this star continue to shine? with the interest rate looming...sianz

 

I am still holding the right which i bought at 0.35 in 2010 , this right paid me more than 10 cents dividend, so far very good. I also know this World full of jealousy who got burned by other counters, I will buy more at this level.

jomini      ( Date: 17-Jun-2013 09:46) Posted: they dont publish such things. then again, u prob didnt want to know. sorry i spoiled ur dream jackson5      ( Date: 17-Jun-2013 08:48) Posted: Rather lucky that the manager of Starhill GR is so far very fair to the minorities.

 

they dont publish such things.

then again, u prob didnt want to know. sorry i spoiled ur dream

jackson5      ( Date: 17-Jun-2013 08:48) Posted: Rather lucky that the manager of Starhill GR is so far very fair to the minorities.

 

Rather lucky that the manager of Starhill GR is so far very fair to the minorities.

 

i didnt do the research myself. took it from this book called Asian Godfathers. banned in sg since its too frank on its take on lky and sg.

look at the sort of companies that get to do this.

eg li ka shing and hutchison. li can just up his stake above the limit without general offer. then he ends up controlling company and treats it as a milk cow.

with controlling stake but not sharing in the entire downside, the controlled company takes up contracts with private companies. private companies surprisingly owned entirely by the controlling stakeholder in the company that loses out in the deal. controlling shareholder wins at the expense of the small suckers

another example would be otto marine in sg. the owner is rich enough to be listed on forbes with his armarda of private companies but the listed company is in shit.

its really not as simple as buy from open mkt to support price. its what they do with shares and the control they get

jackson5      ( Date: 16-Jun-2013 16:51) Posted: Pls enlighten why it is only good to YTL ? Thought if YTL can buy from open market, this action will support the share price ? jomini      ( Date: 16-Jun-2013 00:42) Posted: no its only good news for ytl. sgx is breaking the rules to favour one investor over all other

 

Pls enlighten why it is only good to YTL ? Thought if YTL can buy

from open market, this action will support the share price ?

jomini      ( Date: 16-Jun-2013 00:42) Posted: no its only good news for ytl. sgx is breaking the rules to favour one investor over all others jackson5      ( Date: 14-Jun-2013 22:47) Posted: Thru SGX announcement ,YTL confirmed will convert its CPUs into ordinary units . YTL holdings will cross 30% and stand at 37% after conversion.YTL can buy from open market after 37% because they don't have to give general offer to minority shareholders. Believe this is positive for share price.

 

no its only good news for ytl.

sgx is breaking the rules to favour one investor over all others

jackson5      ( Date: 14-Jun-2013 22:47) Posted: Thru SGX announcement ,YTL confirmed will convert its CPUs into ordinary units . YTL holdings will cross 30% and stand at 37% after conversion.YTL can buy from open market after 37% because they don't have to give general offer to minority shareholders. Believe this is positive for share price.

 

Thru SGX announcement ,YTL confirmed will convert its CPUs into ordinary units . YTL holdings will cross 30% and stand at 37% after conversion.YTL can buy from open market after 37% because they don't have to give general offer to minority shareholders. Believe this is positive for share price.

 

uptrend support broken for Starhill Global.

http://mystocksinvesting.com/singapore-reits/singapore-reits-comparison-table-for-dividend-investing-as-passive-income-june-2013/

 

http://sgxreports.blogspot.sg/2012/09/starhill-global-reit.html

 

http://sgxreports.blogspot.sg/2012/07/starhill-global-reit_26.html