Tuesday, July 23, 2013

Hunza to earn steady recurring income

Hunza to earn steady recurring income
2013/07/23

GEORGE TOWN: The opening of the Gurney Paragon Mall will enable Hunza Properties Bhd to earn a steady recurring income, says
executive chairman, Datuk Khor Teng Tong.

He said Hunza had invested close to RM500 million in the mall which demonstrates its confidence in the local economy.

"It is also proof that we are in this for the long haul. We are now a real estate investor, investing our retained surpluses into owning and managing assets to earn a steady recurring income," he said at the mall's soft launch here today.


Khor said Hunza expects to generate returns on investment for the Gurney Paragon Mall in eight to 10 years, amid the good take-up rate of 140 tenants with investments of about RM200 million.

Gurney Paragon, the latest shopping landmark for Penangites and tourists, offers premium lifestyle shopping, and houses al-fresco dining areas with leading international retailers built around the restored St. Joseph's Novitiate, a heritage building with an unique architecture.

Khor said an integrated development like Gurney Paragon was a great investment in Malaysia to cater for the growing population as well as those climbing the income ladder at a fast pace.

The mall with 700,000 sq ft, provides customers with premium outlets such as SAM's Groceria by homegrown and retail giant Mydin Mohamed Holdings, and new brands in Penang, namely H&M, Sephora, Debenhams, Canali, La Martina and Michael Kors.-- Bernama


Source/Extract/Excerpts/来源/转贴/摘录: http://www.btimes.com.my/
Publish date: 23/07/13

No comments:

Post a Comment

Warren E. Buffett(沃伦•巴菲特)
Be fearful when others are greedy, and be greedy when others are fearful
别人贪婪时我恐惧, 别人恐惧时我贪婪
投资只需学好两门课: 一,是如何给企业估值,二,是如何看待股市波动
吉姆·罗杰斯(Jim Rogers)
“错过时机”胜于“搞错对象”:不会全军覆没!”
做自己熟悉的事,等到发现大好机会才投钱下去

乔治·索罗斯(George Soros)

“犯错误并没有什么好羞耻的,只有知错不改才是耻辱。”

如果操作过量,即使对市场判断正确,仍会一败涂地。

李驰(中国巴菲特)
高估期间, 卖对, 不卖也对, 买是错的。
低估期间, 买对, 不买也是对, 卖是错的。

Tan Teng Boo


There’s no such thing as defensive stocks.Every stock can be defensive depending on what price you pay for it and what value you get,
冷眼(冯时能)投资概念
“买股票就是买公司的股份,买股份就是与陌生人合股做生意”。
合股做生意,则公司股份的业绩高于一切,而股票的价值决定于盈利。
价值是本,价格是末,故公司比股市重要百倍。
曹仁超-香港股神/港股明灯
1.有智慧,不如趁势
2.止损不止盈
成功者所以成功,是因为不怕失败!失败者所以失败,是失败后不再尝试!
曾淵滄-散户明灯
每逢灾难就是机会,而是在灾难发生时贱价买股票,然后放在一边,耐性地等灾难结束
  • Selected Indexes 52 week range

  • Margin of Safety

    Investment Clock

    World's First Interactive Investment Clock