KLCCP Stapled Group (the Group) held its 13th Annual General Meeting for KLCC Real Estate Investment Trust (KLCC REIT) and 23rd Annual General Meeting for KLCC Property Holdings Berhad (KLCCP) on 28 April 2026, where it presented the Group\u2019s performance for the financial year ended 31 December 2025 to shareholders .The Annual General Meetings (AGM) was held at the Mandarin Oriental, Kuala Lumpur hotel. <\/p>\n\n\n\n
Resilient amidst challenging market environments <\/p>\n\n\n\n
KLCCP Stapled Group delivered a record performance in 2025, with revenue reaching an all\u2011time high of RM1.7 billion , and PBT of RM1.4 billion (including fair value gain) , reflecting the strength of the Group\u2019s diversified portfolio and consistent performance across all business segments. The Group declared a record distribution of 47.00 sen per Stapled Security, representing a 5.6% increase and the highest dividend since listing. <\/p>\n\n\n\n
Segmental highlights and growth trajectory <\/p>\n\n\n\n
The Office segment, represented by the PETRONAS Twin Towers, Menara 3 PETRONAS, Menara ExxonMobil, and Menara Dayabumi, recorded stable revenue , underpinned by the Triple Net Lease (TNL) arrangement and long – term leases . This was further strengthened by the renewal of Menara Dayabumi\u2019s TNL until 2031 , a nd the inclusion of a new tenancy at Menara ExxonMobil , which extends to 2028. <\/p>\n\n\n\n
During the year, the Group also completed comprehensive building condition assessments across its office portfolio and established a prioritised roadmap to guide phased asset rejuvenation and capital investment over the next five years . The Group\u2019s office segment is expected to continue delivering stable performance despite the broader economic uncertainties. <\/p>\n\n\n\n
The Retail segment , represented by Suria KLCC, and the retail podium of Menara 3 PETRONAS , contributed 32.1% of the total Group \u2019s revenue in 2025 . The Group remains focused on reinforcing Suria KLCC\u2019s experiencecentric positioning , in line with its \u201cAlways Something New\u201d <\/em>tagline .This was reaffirmed with the reopening of Zara\u2019s flagship store, which unveiled a space that introduced the brand\u2019s latest store concept in February 2026. Spanning over 20,000 square feet on a single floor, Zara\u2019s refreshed flagship store, provides shoppers with a seamless, elevated shopping experience. <\/p>\n\n\n\n Suria KLCC\u2019s ongoing efforts in curating a dynamic mix of flagship and first-to-market brands across lifestyle, wellness, Food and Beverage (F&B) and other emerging categories will enhance its appeal and reinforce its competitive positioning. This effort is further supported by targeted facilities upgrades and tailored customer loyalty programmes, in support of ongoing efforts to drive footfall. <\/p>\n\n\n\n The Hotel segment, represented by Mandarin Oriental , Kuala Lumpur (MOKUL Hotel) , recorded improved performance in 2025 , driven by major citywide and international events led by the 2025 ASEAN Summit while online bookings remained the primary driver of transient demand. The encouraging momentum in Grand Ballroom and banqueting demand following the renovation reflects the strong market reception to the hotel\u2019s upgraded facilities and reinforce s the Group\u2019s confidence in the asset\u2019s enhanced positioning . This is further supported by strategic marketing and communications efforts that continue to solidify and elevate the hotel\u2019s brand identity. Complemented by its strategic location within the KLCC Precinct , the hotel is poised to capture sustained demand moving into 2026. <\/p>\n\n\n\n The Management Services segment delivered encouraging results in 2025, expanding its operations by securing integrated facilities management contracts for three new assets, namely the soon-to- be launched Ombak KLCC, Terra (Putrajaya ) and Destina, Putrajaya\u2019s first transit\u2011oriented mall (these three assets are within the portfolio of KLCC (Holdings) Sdn Bhd ). In pursuing this strategic growth opportunities , this year will see further expansion of the car park operations to another 11 new locations, adding more than 3000 bays to its portfolio. <\/p>\n\n\n\n Progressing on net zero carbon emissions journey <\/p>\n\n\n\n Building on 2025 momentum, with a 12% reduction in Scope 1 and 2 emissions from the 2019 baseline, the Group enters 2026 well positioned to accelerate its Sustainability Plan 2030 towards becoming a net zero carbon emissions organisation by 2050. The Group is also moving from mitigation to adaptation, identifying climate-related risks in its operations and putting in place systems to protect its assets and people. A testament to this progress is that all the Group\u2019s offices achieved a 3-star Energy Efficiency Rating or higher under the Malaysia\u2019s Energy Efficiency and Conservation Act (EECA) 2024, with the PETRONAS Twin Towers and Menara 3 PETRONAS attaining the highest 5 -star rating as of March 2026. <\/p>\n\n\n\n In addition, the Group also established and reported in accordance with the National Sustainability Reporting Framework (NSRF), aligning the Group\u2018s sustainability disclosure with the International Financial Reporting Standards (IFRS) S1 and S2, as set by the International Sustainability Standards Board (ISSB). <\/p>\n\n\n\n The Group\u2019s flagship Sustainable September, a month-long campaign that brought together employees and the communities around various sustainability initiatives, saw another successful campaign last year. Serving as the key activation platform for the Group\u2019s aspiration to position the KLCC Precinct as Malaysia\u2019s first United Nation\u2019s Sustainable Development Goals (UN SDG) hub, the campaign delivered its sustainabi lity commitments into tangible social and environmental impact. Through this campaign, the Group also raised fund s to establish the \u201cRUKOM<\/em>\u201d (Ruang Komuniti ) or community space at the identified People’s Housing Programme (PPR). This was the Group\u2019s second contribution towards establishing RUKOM at the PPR. <\/p>\n\n\n\n Another key initiative under this campaign involved the planting of 50 trees of native species at the KLCC Park, enhancing local biodiversity and contributing to carbon sequestration, while reinforcing the Group\u2019s commitment to sustainability and responsible environmental practices. <\/p>\n\n\n\n Prospects <\/p>\n\n\n\n The operating environment is expected to remain challenging amid ongoing geopolitical shifts in the Middle East . Against the backdrop of these external headwinds, the Group remains optimistic about its long – term growth prospects. It is well positioned for growth, underpinned by its quality office assets anchored by the Triple Net Lease arrangement and long – term leases that will continue to generate stable cash flows. <\/p>\n\n\n\n \u201cLooking ahead, we remain mindful of the heightened economic uncertainties and cautious consumer sentiment, as rising cost pressures may weigh on our retail and hotel performance. At the same time, we are focused on strengthening our value proposition, enhancing customer experience, and driving operational resilience to navigate the evolving landscape while positioning the business for sustainable growth \u201d, <\/em>said Datuk Sr Mohd. Salem Kailany, Chief Executive Officer of KLCCP.<\/p>\n\n\n\n Suria KLCC\u2019s retail performance remains relatively resilient to macroeconomic factors, supported by its premium positioning and a well – curated tenant mix . It will continue to introduce new – to- market brands and reinforce its position as a leading retail destination and maintain strong occupancy by adapting to evolving market trends and making the necessary shifts to stay relevant. <\/p>\n\n\n\n MOKUL Hotel\u2019s focus will be on optimising revenue across rooms, serviced apartments, Meetings, Incentives , Conferences and Exhibitions ( MICE ), and lifestyle offerings, supported by the newly renovated Grand Ballroom. The hotel will leverage Mandarin Oriental\u2019s Fans of M.O. global recognition programme to grow direct bookings, while continuing to capture demand from key growth markets in the Asian region and Australia. The upgraded serviced apartments and MO Club will support higher \u2011value long \u2011stay and premium segments, alongside closer collaboration with KLCC precinct stakeholders in strategic placemaking initiatives that will enhance the KLC C Precinct\u2019s connectivity, vibrancy and footfall. <\/p>\n","protected":false},"excerpt":{"rendered":" KLCCP Stapled Group (the Group) held its 13th Annual General Meeting for KLCC Real Estate Investment Trust (KLCC REIT) and 23rd Annual General Meeting for KLCC Property Holdings Berhad (KLCCP) on 28 April 2026, where it presented the Group\u2019s performance for the financial year ended 31 December 2025 to shareholders .The Annual General Meetings (AGM) […]<\/p>\n","protected":false},"author":5,"featured_media":7439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,39],"tags":[],"class_list":["post-7438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","category-news"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=7438"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7438\/revisions"}],"predecessor-version":[{"id":7440,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/7438\/revisions\/7440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media\/7439"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=7438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=7438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=7438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}