In year 2013, KLCC Property Holdings Berhad (KLCCP) undertook a corporate restructuring exercise which involved the restructuring of KLCCP Group into a stapled structure known as “KLCCP Stapled Group” where the existing ordinary shares of KLCCP are stapled together with units in KLCC Real Estate Investment Trust (KLCC REIT) forming the resultant KLCCP Stapled Securities.
KLCC REIT is an Islamic REIT formed to invest directly and indirectly in Shariah compliant portfolio of income producing Real Estate in Malaysia and overseas, used primarily for office and retail purposes as well as Real Estate-Related Assets.
KLCC REIT is managed internally by KLCC REIT Management Sdn Bhd (the “Manager”). The Manager is focused on active asset management and acquisition growth strategy to provide regular and stable distributions to unitholders and ensure capital growth and improved returns from its property portfolio.
