KLCC Property Holdings Berhad KLCC Real Estate Investment Trust
Company type
Public limited company
Traded as
MYX: 5235SS
ISIN
MYL5235SS008
Industry
Property development
Property investment
Founded
7 February 2004; 20 years ago (2004-02-07)
Headquarters
Dayabumi Complex, Jalan Sultan Hishamuddin, Kuala Lumpur
,
Malaysia
Key people
Krishnan C.K. Menon (Chairman)
Hashim Wahir (CEO)
Services
Office & retail real estate
Hotel operations
Facilities management
Revenue
RM08.35 billion (2020)[1]
Operating income
RM03.501 billion (2020)[1]
Net income
RM02.516 billion (2020)[1]
Total assets
RM16.80 billion (2020)[1]
Total equity
RM13.85 billion (2020)[1]
Website
www.klcc.com.my
KLCC Property Holdings Berhad (KLCCP; MYX: 5235SS) is a Malaysian property investment company which owns and manages office, retail and hotel properties in Kuala Lumpur, mainly in the Kuala Lumpur City Centre (KLCC) area. Among the properties owned or managed by the company and its stapled real estate investment trust are the Petronas Twin Towers (the tallest buildings in the world from 1998 to 2004), Suria KLCC, the Mandarin Oriental Kuala Lumpur and Menara Maxis.
The company, along with KLCC Real Estate Investment Trust (KLCC REIT) – which it manages – form the KLCCP Stapled Group. KLCCP shares are stapled with KLCC REIT units; the stapled securities are listed on Main Market of Bursa Malaysia Securities Berhad. The group is 75%-owned by Petronas through direct and indirect interests.
KLCCP was incorporated in 2004 as a vehicle to offer a portion of Petronas's property holdings to the public. In 2013, the company undertook a corporate restructuring, which involved the transfer of three prime real estate office properties, including the Petronas Towers, into the newly formed KLCC REIT. KLCCP Stapled Group is the largest REIT in Malaysia with a net asset value of RM12 billion in June 2015.[2]
^ abcdeCite error: The named reference 2014 AR was invoked but never defined (see the help page).
^"B.14 Summary of NAV" (pdf), Unaudited interim financial statements for the six month period ended 30 June 2015, KLCC Property Holdings Berhad, 2015, retrieved 8 August 2015
and 22 Related for: KLCC Property Holdings information
KLCCPropertyHoldings Berhad (KLCCP; MYX: 5235SS) is a Malaysian property investment company which owns and manages office, retail and hotel properties...
within KLCC is cooled via district cooling located on the property. The whole precinct was developed by KLCCPropertyHoldings Berhad (KLCCP) of the KLCC Group...
off the centre court. Suria KLCC is the largest retail property under the management of Suria KLCC Sdn. Bhd. Other properties under their management include...
2011, when Sapura Resources, a Malaysian property developer, announced a joint-venture with KLCCPropertyHoldings to develop a plot of land 7,605 m2 (81...
Construction started in late 2006 and completed in 2012. In January 2011, KLCCPropertiesHoldings Berhad (KLCCP) awarded an RM665mil contract for the superstructure...
since 2018 in Kuala Lumpur City Centre, Kuala Lumpur developed by KLCCPropertyHoldings and QD Asia Pacific. The construction started in 2014. Part of the...
However, in the year 2005, the building was taken over by the KLCCPropertiesHoldings Berhad (KLCCP), a member of Petronas Group. Dayabumi Complex was...
of Companies. Maxis Tower was developed by KLCCPropertiesHoldings Berhad (KLCCP) under Phase 1 of the KLCC project. The building is owned by Impian Klasik...
Malaysian investment holding company led by billionaire Ananda Krishnan. Its principal investments include telecommunications, media, property, and oil & gas...
other PETRONAS subsidiaries, JVs, link-companies and properties, including Kuala Lumpur City Centre (KLCC), MISC, MMHE, Universiti Teknologi PETRONAS (UTP)...
the longer route 402 (ordinary route) connects to Maluri, Jalan Ampang, KLCC, Hospital Kuala Lumpur and finally the Titiwangsa bus hub. The Tun Razak...
near to Korean Embassy (Embassy Row) (KLCC) Great Eastern Mall Petronas Twin Towers at Kuala Lumpur City Centre (KLCC) InterContinental Kuala Lumpur Menara...
"Linn County sheriff says part of Oregon gun measure won't be enforced". KLCC. Retrieved November 14, 2022. Bernstein, Maxine (November 12, 2022). "When...
minority interest in 8 Shenton Way for $2.13 mil". 5 April 2022. "Frasers Property selling 50% stake in S$2B Singapore tower to Korea's NPS". 29 June 2019...
relation to the purchase of two luxury condominiums at Troika, Persiaran KLCC at prices significantly above market value, without proper due diligence...
rehearsed it together at Pavilion Kuala Lumpur and Kuala Lumpur City Centre (KLCC). Khalid also said that the women apparently admitted that they knew they...
Global Information
RM8.35 billion (2020)[1]