English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 10 June 2022, 20:30 HKT/SGT
Share:
    

Source: Hektar Real Estate Investment Trust (Hektar REIT)
Hektar Asset Management Appoints New CEO
Appointment of Johari Shukri bin Jamil effective 11 June 2022

KUALA LUMPUR, June 10, 2022 - (ACN Newswire) - Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT) is pleased to announce the appointment of En. Johari Shukri bin Jamil, 50, as the Chief Executive Officer (CEO) of Hektar Asset Management effective 11 June 2022.

En. Johari Shukri bin Jamil, CEO of Hektar Asset Management

En. Johari Shukri bin Jamil, CEO of Hektar Asset Management (Link) En. Johari will succeed Dato' Hisham bin Othman, 60, who has reached mandatory retirement age after helming Hektar Asset Management as CEO since May 2016. The Board would like to extend its appreciation to Dato' Hisham for his valuable contribution & service and wish him all the best in his future endeavours.

En. Johari who was appointed to the Board of Directors of Hektar REIT as Non Independent Non Executive Director in February 2022 and who is now redesignated as the Executive Director/CEO, brings over 20 years of extensive corporate experience, holding senior leadership positions in various industries, including Real Estate & Industrial Development, Logistics & Engineering.

His expertise in asset management, corporate finance, strategy, operations & managing businesses to achieve the desired results through transformational initiatives is very relevant to the REIT and is expected to be put to good use in leading Hektar REIT to continue its post pandemic recovery and to chart new strategic initiatives. En Johari holds a Bachelor of Science in Chemical Engineering from UTM and a Certificate in Advanced Leadership Program from the Judge Business School of the University of Cambridge.

The Board & the Management looks forward to working with En. Johari to take Hektar REIT to the next phase of growth as we continue our drive to optimise and grow the REIT's portfolio for stable and sustainable returns to our Unitholders.

About Hektar Real Estate Investment Trust

Hektar Real Estate Investment Trust (Hektar REIT) is Malaysia's first listed retail-focused REIT. The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT. Hektar REIT was listed on the Main Market of Bursa Malaysia Securities Berhad on 4 December 2006 and currently owns 2 million square feet of retail space in 4 states with assets valued at RM1.16 billion as at 31 December 2021. The REIT's strategic partner is Frasers Centrepoint Trust, part of Frasers Property Ltd, headquartered in Singapore. Hektar REIT is managed by Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd. Hektar REIT's portfolio of commercial properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah and Segamat Central in Segamat, Johor. For more information, please visit www.HektarREIT.com

For more information or inquiries, please contact:
Hektar Asset Management Sdn Bhd
Investor Communications
Tel: +603 6205 5570
Fax: +603 6205 5571
Email: ir@HektarREIT.com
Web: www.HektarREIT.com

Topic: Executive appointment
Source: Hektar Real Estate Investment Trust (Hektar REIT)

Sectors: Daily Finance, Real Estate, Local Biz
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Hektar Real Estate Investment Trust (Hektar REIT) Releated News
Aug 18, 2022 15:50 HKT/SGT
Hektar REIT Sustainability & CSR Initiatives Gets Awarded
June 27, 2022 11:00 HKT/SGT
Hektar REIT's ESG Commitment Gets Rewarded with a 4-Star Rating
May 23, 2022 21:00 HKT/SGT
Hektar REIT's NPI Goes up by 17.8% in 1Q 2022
Feb 25, 2022 18:00 HKT/SGT
Hektar REIT 2021 Performance: Weathering the Challenges
Nov 26, 2021 17:00 HKT/SGT
Hektar REIT Posts RM19.1 Million Revenue in 3Q
More news >>
Copyright © 2022 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575