YTL HOSPITALITY REIT

KLSE (MYR): YTLREIT (5109)

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Last Price

1.20

Today's Change

+0.01 (0.84%)

Day's Change

1.19 - 1.20

Trading Volume

113,500

IPO Info
File Name: STARHILL-Appendix 3-8(1.2MB).pdf Download
Discussions
7 people like this. Showing 50 of 1,256 comments

jamestecs

Not sure Japan tourism will drop or not, due to pour pollution water into sea.

2023-08-28 11:13

FLINV

Where is my dividend? Suppose received today!

2023-08-30 12:52

ATCSLIN

@jamestec, its also my concerns and i have been searching on web related to this but i can't seem to find it.

2023-08-30 13:22

Volz4321

Will shoot up soon..QR around corner

2023-11-12 19:28

cwc1981

Why Sun REIt is higher?

2023-11-16 19:10

cwc1981

Shangri-la with negative PE and no dividend since 2020 still price are RM 2.4. Y la?

2023-11-22 20:38

cwc1981

With interest rates expect to be lower next year, hope this will further improve YTL REIT profit margin

2023-11-24 11:58

cwc1981

The niseko land is under REIT or Corp?

2024-01-05 19:46

dragon328

The Niseko land bank is under YTL Corp. Only Hilton Niseko Village has been injected from YTL Corp into YTL REIT so far, the other 5 hotels/resorts are still under YTL Corp to be injected into YTL REIT when each asset matures.

2024-01-06 15:22

cwc1981

Hi dragon328. Any potential REIt could appreciate like the mother and sister?

2024-01-06 16:25

cwc1981

The Corp and Reit crossed the RM 1 marked almost the same time. Now Corp has crossed RM 2

2024-01-06 16:27

speakup

REIT i buy as alternative to FD

2024-01-27 09:52

Justmeme

Ya... not for trading

2024-01-31 16:22

maxlau1223

Still early to sell, wait until OPR start drop

2024-02-02 19:06

Justmeme

When is the dividend announcement ?

2024-02-14 09:04

JSKDVenture

End of next week

2024-02-14 11:11

Hemsley

Before C19 was about 1.38. Now already 1.20, and factor in higher management & operation cost, maybe 1.30 is a good price to cash out?

2024-02-14 13:59

JSKDVenture

1.21 alredi

2024-02-15 10:08

Justmeme

Got volume and rises. Think div is due to declare or already declare n good results

2024-02-22 15:34

Alexho

Disappointing payout
This current payment include the major part of defer payment for current year . Dont expect too high in the final dividen

2024-02-28 21:30

JSKDVenture

Something is cooking ... owners been buying shares not letting price to drop

2024-03-19 10:41

Alexho

All improved
Except for distributable income of 1.58 only

2024-05-24 05:59

cheap1

Cheapest YTL link stocks?

2024-06-10 04:24

ltpklse

Sooner or later it will move up like the rest of YTL group shares

2024-06-11 13:10

Skywalker00

Have to wait long time for it to move as sooner or later the ytl data centre will park under REIT.

2024-07-24 02:52

JSKDVenture

Will be up to 1.30 next few days … results out next week

2024-07-25 09:35

Skywalker00

Long and winding road.!!!!

2024-08-02 17:37

Alexho

Every figure up except for dpu

2024-08-03 11:19

Justmeme

Wait for the final dpu announcement

2024-08-05 07:12

raymondroy

i believe tax on dividend are all deducted at source..... meaning tax already paid, but if you are in a position where you dont need to pay tax, then you can use the confirmation slip to seek tax refund

2024-08-09 20:18

willsmith

Can someone please confirm if non-exempt Reit income distributed to an investor has to be declared in the individual income tax return?

2024-08-09 20:18

jeffchan1901

FUN FACT: For those interested. If you're wondering whether you should pay personal income tax for REIT stocks and by how much, this should be and interesting read.

Usually all dividends are declared AFTER corporate tax. In such case no need declare in income tax as Malaysia only practices SINGLE taxation and not DOUBLE taxation. Also Malaysia does not have CAPITAL GAINS TAX on non-property asset sales (only applicable on PROPERTY ie RPGT). This applies if company distributes at least 90% of income to shareholders. However, an exemption to the rule if Income less than 90% is distributed to shareholders.

SOURCE1: ://thesun.my/business-news/how-are-individual-reit-holders-taxed-DL8085410

If a (Real Estate Investment Trusts) fund distributed at least 90 percent of their total yearly income to unit holders, the REIT itself is exempted from tax for that year of assessment.

However, unit holders are liable to tax on the distribution of income. Since the income distributed by REITs are tax exempt, no tax credit under subsection 110(9A) of the Income Tax Act (ITA) 1967 would be available to the unit holders.

On the other hand, tax exempt income received by REITs and subsequently distributed to unit holders continue to be tax exempt in the hands of these unit holders.

REITs unit holders are taxed in the year of assessment the distribution is received not the financial year of the REITs.

Starting for the year 2009, tax for REIT dividend has been amended. If a unit holder has income from sources other than REITs, an Income Tax Return Form (ITRF) has to be filed (e.g. Form BE, B or M for individuals or Form C for companies), income from REITs is not required to be included in the ITRF form as the Withholding Tax is a final tax.

SOURCE2: www.hasilnet.org.my/tax-on-reit-investment/

2024-08-10 09:46

jeffchan1901

Based on Page 3 of the QR report, https://www.klsescreener.com/v2/stocks/financial-report/5109/2024-06-30 (PDF copy), 90.3% of distributed income is distributed amounting to RM0.0488

So I believe that since its NON EXEMPT, personal tax must declare this amount received together with personal OTHER income as well to arrive at final amount whether it will be taxable or not.

2024-08-10 10:03

diggerDC

@jeffchan1901 where does it say "non exempt"?

2024-08-11 23:07

speakup

scammer mali attack Ytl

2024-08-12 07:46

jeffchan1901

@speakup I have YTLREIT in my portfolio as well. BTW, dont you have any other useful and meaningful things to say in all of your posts other than your usual one liner nonsense? In every post in every forum you tend to post non related stuff. Grow up buddy.

2024-08-12 09:05

jeffchan1901

@diggerDC Non exempt means taxable. If you compared with IGBREIT, the later has both portions - one taxable and another portion not taxable. In the case of YTL REIT it is stated all taxable. I have both in my portfolio. I repost the term 'non exempt' in reply to user @willsmith above

SOURCE 1: www.klsescreener.com/v2/stocks/announcement/5109/2483537

SOURCE 2: www.klsescreener.com/v2/stocks/announcement/5227/2483465

2024-08-12 09:09

willsmith

@raymondroy and Jeffchan1901 Thank you for sharing your information

2024-08-12 13:12

diggerDC

@jeffchan1901 my dividend tax voucher shows gross dividend, minus income tax, then final net dividend. Then need to declare again in yearly tax filing?

2024-08-16 22:47

jeffchan1901

@diggerDC Sorry for late reply as didnt check forum lately. I am not sure why yours show income tax portion. Are you self trading directly with stock broker or via proxies like Rakuten, etc? If you are trading thru proxies perhaps they have some policies like with holding tax and all. As far as the info from LHDN is concern, it's pretty clear. As this will be my first YTLREIT dividend, I have yet to receive to comment further. For IGBREIT, the taxable portion is from offices and hence taxed nominal sum at company. For the hotel portion it's not taxed and I believe this needs to be reported to LHDN. For YTLREIT by right since not taxed earlier, you need to declare in your filings if the above conditions are not met for exemption. Normal company stocks taxed earlier need not be declared due to single layer taxation. For REIT it may be under a special category especially for hospitality which YTLREIT all assets fall under it unlike IGBREIT with dual Office and Hospitality and also distributes at least 90% of net income

2024-08-20 04:01

jeffchan1901

@Fundamental Trafer, thanks for the link. This provides clarity and confirms what I read from LHDN. So based on your links, I can conclude that mayhaps YTLREIT may be subjected to personal tax of 15% if they did not distribute at least 90pc of distributable income.

2024-08-20 15:15

jeffchan1901

For YTLREIT, I just checked and it's confirmed that for this Q4, they distributed at least 90% which in this case it's 90.38% i.e.69,676/77,092.

SOURCE: https://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=3470192

2024-08-21 10:24

jeffchan1901

@Fundamental Trader Paranoia? I was replying to @willsmith until you joined in. Anyway thanks for inviting but not interested bro.

2024-08-21 10:50

Fundamental Trader

received dividend, but only got 90% of the 4.09c, how come?

2 months ago

speakup

1st timer in REITS ya? there is a <=10% witholding tax on REIT dividends.

2 months ago

Justmeme

Yes, got 10% withholding tax. But if you have holding company can claim back when you file your tax returns

2 months ago

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