Tower Real Estate Investment Trust Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	no data
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO

Tower Real Estate Investment Trust has no CEO, or we have no data on them.

Board Members

Name	Position	Tenure	Compensation	Ownership
Noorbaizura Binti Hermeyney	Non Independent Executive Director of GLM REIT Management Sdn Bhd	1.5yrs	no data	no data
Tau Kien Lim	Independent & Non Executive Director of GLM REIT Management Sdn Bhd	5.3yrs	no data	no data
Hong Tang	Non Independent Non Executive Chairman of GLM REIT Management Sdn. Bhd	3.3yrs	no data	no data
Ang Tan	Independent & Non-Executive Director of GLM REIT Management Sdn Bhd	4.2yrs	no data	0.013% MYR 19.2k
Hsing Yao Cheng	Non Independent Non Executive Director of GLM REIT Management Sdn Bhd	3.3yrs	no data	no data

3.3yrs

Average Tenure

68yo

Average Age

Experienced Board: TWRREIT's board of directors are considered experienced (3.3 years average tenure).

Tower Real Estate Investment Trust Management

Management criteria checks 1/4

Key information

Recent management updates

Tower Real Estate Investment Trust, Annual General Meeting, Oct 30, 2024

Tower Real Estate Investment Trust Announces Redesignation of Puan Noorbaizura Binti Hermeyney from Previous Position Non Executive Director to New Position Executive Director, Directorate Executive, Date of Change 26 Oct 2023

Tower Real Estate Investment Trust, Annual General Meeting, Oct 16, 2023

High number of new and inexperienced directors

Tower Real Estate Investment Trust Announces Appointment of Puan Noorbaizura Binti Hermeyney as Non Independent and Non Executive Director, Date of Change 18 May 2023

High number of new and inexperienced directors

Recent updates

Full year 2024 earnings released: EPS: RM0.019 (vs RM0.063 loss in FY 2023)

Tower Real Estate Investment Trust, Annual General Meeting, Oct 30, 2024

Full year 2024 earnings released: RM0.063 loss per share (vs RM0.063 loss in FY 2023)

New major risk - Shareholder dilution

Third quarter 2024 earnings released: EPS: RM0.004 (vs RM0.001 in 3Q 2023)

First half dividend reduced to RM0.0023

Tower Real Estate Investment Trust Declares an Interim Income Distribution for the Six Months Ended December 31, 2023, Payable on February 28, 2024

Second quarter 2024 earnings released: EPS: RM0.002 (vs RM0 in 2Q 2023)

Tower Real Estate Investment Trust has filed a Follow-on Equity Offering.

Tower Real Estate Investment Trust has filed a Follow-on Equity Offering.

Tower Real Estate Investment Trust Announces Redesignation of Puan Noorbaizura Binti Hermeyney from Previous Position Non Executive Director to New Position Executive Director, Directorate Executive, Date of Change 26 Oct 2023

First quarter 2024 earnings released: EPS: RM0.001 (vs RM0.003 in 1Q 2023)

Tower Real Estate Investment Trust, Annual General Meeting, Oct 16, 2023

Full year 2023 earnings released: RM0.063 loss per share (vs RM0.021 profit in FY 2022)

High number of new and inexperienced directors

Tower Real Estate Investment Trust Announces Appointment of Puan Noorbaizura Binti Hermeyney as Non Independent and Non Executive Director, Date of Change 18 May 2023

Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.004 in 3Q 2022)

High number of new and inexperienced directors

Tower Real Estate Investment Trust Announces Retirement of Dato' Nicholas John Lough @ Sharif Lough Bin Abdullah as Independent and Non Executive Director

Tower Real Estate Investment Trust Announces Interim Income Distribution for Financial Year End 30 June 2023, Payment Date 28 Feb. 2023

Second quarter 2023 earnings released: EPS: RM0 (vs RM0.005 in 2Q 2022)

First quarter 2023 earnings released: EPS: RM0.003 (vs RM0.008 in 1Q 2022)

Tower Real Estate Investment Trust, Annual General Meeting, Oct 21, 2022

Full year 2022 earnings released: EPS: RM0.021 (vs RM0.018 loss in FY 2021)

Tower Real Estate Investment Trust Announces Final Income Distribution for the Year Ended 30 June 2022, Payable on 30 August 2022

Tower Real Estate Investment Trust Appoints Cheng Hsing Yao (Zheng Xinyao) as Non Independent and Non Executive Member of Nomination Committee

Third quarter 2022 earnings released: EPS: RM0.004 (vs RM0.006 in 3Q 2021)

High number of new directors

Tower Real Estate Investment Trust Appoints Puan Noorbaizura Binti Hermeyney as Chief Executive Officer

Upcoming dividend of RM0.012 per share

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

First quarter 2022 earnings released: EPS RM0.008 (vs RM0.006 in 1Q 2021)

Full year 2021 earnings released: RM0.018 loss per share (vs RM0.028 profit in FY 2020)

Upcoming dividend of RM0.012 per share

Full year 2021 earnings released: RM0.018 loss per share (vs RM0.028 profit in FY 2020)

High number of new directors

Non Independent Non-Executive Chairman of GLM REIT Management Sdn Yee How Choong has left the company

Third quarter 2021 earnings released: EPS RM0.006 (vs RM0.006 in 3Q 2020)

Upcoming Dividend of RM0.011 Per Share

Second quarter 2021 earnings released: EPS RM0.005

New 90-day low: RM0.56

First quarter earnings released

New 90-day low: RM0.59

Tower Real Estate Investment Trust Announces Retirement of Dato' Koh Hong Sun as Independent and Non Executive Member of Audit Committee

New 90-day low - RM0.60

Full year earnings released

New 90-day low - RM0.61

Tower Real Estate Investment Trust (KLSE:TWRREIT) completed the acquisition of Menara Guoco in Damansara Heights from DC Offices Sdn Bhd.

Upcoming Dividend of RM0.012 Per Share

New 90-day low - RM0.65

CEO

Board Members

Average Tenure

Average Age