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Research by AmBank
Buy (Maintained) – Target Price RM1.11

“Strong recovery in Australian portfolio’s occupancy”

We maintain BUY on YTL Hospitality REIT (YTL REIT) with an unchanged fair value (FV) of RM1.11/unit based on dividend discount model (DDM) (Exhibit 9). No changes to our neutral 3-star ESG rating (Exhibit 10).

Analyst:
Khoo Zing Sheng 
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$KLSE-YTLREIT
Research by AmBank
Buy (Maintained) – Target Price RM1.11

“Strong recovery in Australian portfolio’s occupancy”

We maintain BUY on YTL Hospitality REIT (YTL REIT) with an unchanged fair value (FV) of RM1.11/unit based on dividend discount model (DDM) (Exhibit 9). No changes to our neutral 3-star ESG rating (Exhibit 10).

Analyst:
Khoo Zing Sheng 
khoo.zing-sheng@ambankgroup.com