KLCC Property Holdings Berhad (5235SS)

Overview

KLCC Property Holdings Berhad (KLCCP) and KLCC REIT, combined into the KLCCP Stapled Group, represent Malaysia's most significant self-managed stapled security focused on investing, developing, owning, and managing a portfolio of iconic and high-quality assets. This structure marked a milestone as Malaysia's first Shariah-compliant stapled structure with the launch of KLCC Stapled Securities (KLCCSS) on May 9, 2013. KLCCP Stapled Group operates under the REIT sector of the Index, offering a single price quotation for its diversified property investment and development business. The Group's property portfolio is predominantly situated within the Kuala Lumpur City Centre, harboring prime Grade A office buildings, a premier retail mall, and a luxury hotel. The assets under KLCC REIT, which include the PETRONAS Twin Towers, Menara ExxonMobil, and Menara 3 PETRONAS, are fully owned and provide a stable income stream. Conversely, assets with development potential such as Suria KLCC, Mandarin Oriental, Kuala Lumpur hotel, and a vacant land (Lot D1), along with a 33% stake in Menara Maxis, are managed by KLCCP, offering both growth and diversification opportunities.

Products and Services

• PETRONAS Twin Towers

Iconic twin skyscrapers that serve as a key commercial hub in Kuala Lumpur, housing multinational companies' offices and offering state-of-the-art facilities and services.

• Menara ExxonMobil

A prime Grade A office building located in the heart of Kuala Lumpur, serving as the headquarters for ExxonMobil operations in Malaysia, known for its architectural significance and strategic location.

• Menara 3 PETRONAS

Another integral component of the KLCC development, this office building is designed to cater to the needs of global businesses with its modern infrastructure and strategic position.

• Suria KLCC

A premier shopping destination offering a wide range of retail, dining, and entertainment options, located at the base of the PETRONAS Twin Towers and attracting visitors from around the globe.

• Mandarin Oriental, Kuala Lumpur

A luxury hotel that provides world-class accommodations, amenities, and services, strategically situated within Kuala Lumpur City Centre for easy access to corporate offices and leisure attractions.

• Vacant Land (Lot D1)

This plot represents a development opportunity within the KLCC area, giving the KLCCP Stapled Group the potential to expand its portfolio further and create new revenue streams through development projects.

• Menara Maxis

A substantial office building in Kuala Lumpur offering modern office spaces and amenities, with KLCCP holding a 33% stake, highlighting the group's investment in high-quality real estate assets.