Tower Real Estate Investment Trust was constituted under the Deed dated. (As amended and restated by the restated deed dated 29 May 2014 and the second restated deed dated 23 October 2019) entered between the Manager and MTrustee Berhad, acting as the Trustee of Tower REIT, and listed on the Main Market of Bursa Malaysia Securities Berhad on 12 April 2006. Tower Real Estate Investment Trust was incorporated in 2006 in Malaysia.
Research context
Tower Real Estate Investment Trust appears in PyInvesting’s Kuala Lumpur Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- MYR
- Sector
- Real Estate
- Industry
- REIT - Office
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Tower Real Estate Investment Trust is currently in a long term uptrend where the price is trading 0.5% above its 200 day moving average.
From a valuation standpoint, the stock is 2.7% more expensive than other stocks from the Other sector with a price to sales ratio of 6.6.
Tower Real Estate Investment Trust's total revenue rose by 53.7% to $9M since the same quarter in the previous year.
Its net income has dropped by 15.7% to $1M since the same quarter in the previous year.
Finally, its free cash flow grew by 381.2% to $5M since the same quarter in the previous year.
Based on the above factors, Tower Real Estate Investment Trust gets an overall score of 3/5.