Let’s hope that our REIT managers have their following wishes come true when they push for changes in the government legislation in the forthcoming budget:
A more liberated equity holding in REIT so as to allow foreign partners to set up REIT companies. Currently,there was a 49% restriction on foreign shareholders and minimum [...]

FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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