[%AMTR%]
Research by Malacca
Sell – TP RM0.93

“Neutral Outlook For Office Space"

SELL recommendation with RM0.93 TP. We have a SELL recommendation on UOAREIT with a TP of RM0.93. The target price is derived by ascribing a P/E of 14.0x to FY25f EPS of 6.64 sen as we roll over to FY25f earnings. The group is committed to reward at least 90.0% of the distributable income.

Analyst:
Loui Low
[%qamM%]

$KLSE-UOAREIT
Research by Malacca
Sell – TP RM0.93

“Neutral Outlook For Office Space"

SELL recommendation with RM0.93 TP. We have a SELL recommendation on UOAREIT with a TP of RM0.93. The target price is derived by ascribing a P/E of 14.0x to FY25f EPS of 6.64 sen as we roll over to FY25f earnings. The group is committed to reward at least 90.0% of the distributable income.

Analyst:
Loui Low
louilow@msec.com.my

$UOAREIT / 5110 (UOA REAL ESTATE INVESTMENT TRUST)