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With a target to distribute at least 90% of realised income as dividends, Hektar continues to be a play on resilient Malaysian domestic consumption and education sectors.
Hektar has been actively expanding its portfolio through a series of strategic moves, including a RM30 million acquisition of industrial and office blocks in Bayan Lepas, Penang, as well as two separate land purchases in Alor Gajah, Melaka, totaling RM40 million. In addition, the company secured a RM26 million deal for a 90% stake in Terramark Sdn Bhd and has committed RM11.4 million to upgrade lifts and escalators at Subang Parade to enhance the mall’s competitiveness.