KLCCP Stapled Group record performance sets the pace for another resilient year
Released on: Wednesday, 29 Apr 2026 10:40AM
From left to right, Encik Ahmad Hakimi M Radzi (CFO), Datuk Sr Mohd. Salem Kailany (CEO), Datuk Ir. Annies Mohamad Ariff (Chairman) and Puan Masharum Abd Wahab (Company Secretary)
KUALA LUMPUR, April 29 (Bernama) -- 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’s 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.
Resilient amidst challenging market environments
KLCCP Stapled Group delivered a record performance in 2025, with revenue reaching an all‑time high of RM1.7 billion , and PBT of RM1.4 billion (including fair value gain) , reflecting the strength of the Group’s 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.
Segmental highlights and growth trajectory
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’s TNL until 2031 , a nd the inclusion of a new tenancy at Menara ExxonMobil , which extends to 2028.
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’s office segment is expected to continue delivering stable performance despite the broader economic uncertainties.
The Retail segment , represented by Suria KLCC, and the retail podium of Menara 3 PETRONAS , contributed 32.1% of the total Group ’s revenue in 2025 . The Group remains focused on reinforcing Suria KLCC’s experiencecentric positioning , in line with its “Always Something New” tagline .This was reaffirmed with the reopening of Zara’s flagship store, which unveiled a space that introduced the brand’s latest store concept in February 2026. Spanning over 20,000 square feet on a single floor, Zara’s refreshed flagship store, provides shoppers with a seamless, elevated shopping experience.
Suria KLCC’s 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.
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’s upgraded facilities and reinforce s the Group’s confidence in the asset’s enhanced positioning . This is further supported by strategic marketing and communications efforts that continue to solidify and elevate the hotel’s brand identity. Complemented by its strategic location within the KLCC Precinct , the hotel is poised to capture sustained demand moving into 2026.
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’s first transit‑oriented 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.
Progressing on net zero carbon emissions journey
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’s offices achieved a 3-star Energy Efficiency Rating or higher under the Malaysia’s 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.
In addition, the Group also established and reported in accordance with the National Sustainability Reporting Framework (NSRF), aligning the Group‘s sustainability disclosure with the International Financial Reporting Standards (IFRS) S1 and S2, as set by the International Sustainability Standards Board (ISSB).
The Group’s 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’s aspiration to position the KLCC Precinct as Malaysia’s first United Nation’s 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 “RUKOM” (Ruang Komuniti ) or community space at the identified People's Housing Programme (PPR). This was the Group’s second contribution towards establishing RUKOM at the PPR.
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’s commitment to sustainability and responsible environmental practices.
Prospects
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.
“Looking 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 ”, said Datuk Sr Mohd. Salem Kailany, Chief Executive Officer of KLCCP.
Suria KLCC’s 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.
MOKUL Hotel’s 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’s 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 ‑value long ‑stay and premium segments, alongside closer collaboration with KLCC precinct stakeholders in strategic placemaking initiatives that will enhance the KLC C Precinct’s connectivity, vibrancy and footfall.
About KLCCP Stapled Group
KLCC Property Holdings Berhad (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), collectively known as KLCCP Stapled Group is Malaysia’s largest self - managed stapled security that invests, develops, owns, and manages a stable of iconic and quality assets. KLCCP Stapled Group became the first ever Shariah compliant stapled structure in Malaysia upon the listing of KLCC Stapled Securities (KLCCSS) on 9 May 2013 and trades under the REIT sector of the index as a single price quotation.
KLCCP Stapled Group’s core business is in property investment and development, and provision of management services. The Group owns iconic prime assets, namely the PETRONAS Twin Towers, Menara ExxonMobil, and Menara 3 PETRONAS under KLCC REIT and Suria KLC C, the premier shopping mall, Mandarin Oriental, Kuala Lumpur hotel and a vacant land (Lot D1) under KLCCP. KLCCP also has a 33% stake in Menara Maxis.
KLCCP Stapled Group redefines excellence in real estate. With decades of experience building the nation’s iconic landmarks, it has elevated industry standards and expectations, reinforcing its commitment to enriching lives and building a more sustainable future.
Issued by:
Group Strategic Communications and Investor Relations
28 April 2026
SOURCE: KLCC (Holdings) Sdn Bhd
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Yasmin Abdullah Manager
Corporate Communications
Group Strategic Communications and Investor Relations
KLCC (Holdings) Sdn Bhd
Tel: +603 - 27837584
Email: yasmina@klcc.com.my
--BERNAMA
Resilient amidst challenging market environments
KLCCP Stapled Group delivered a record performance in 2025, with revenue reaching an all‑time high of RM1.7 billion , and PBT of RM1.4 billion (including fair value gain) , reflecting the strength of the Group’s 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.
Segmental highlights and growth trajectory
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’s TNL until 2031 , a nd the inclusion of a new tenancy at Menara ExxonMobil , which extends to 2028.
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’s office segment is expected to continue delivering stable performance despite the broader economic uncertainties.
The Retail segment , represented by Suria KLCC, and the retail podium of Menara 3 PETRONAS , contributed 32.1% of the total Group ’s revenue in 2025 . The Group remains focused on reinforcing Suria KLCC’s experiencecentric positioning , in line with its “Always Something New” tagline .This was reaffirmed with the reopening of Zara’s flagship store, which unveiled a space that introduced the brand’s latest store concept in February 2026. Spanning over 20,000 square feet on a single floor, Zara’s refreshed flagship store, provides shoppers with a seamless, elevated shopping experience.
Suria KLCC’s 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.
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’s upgraded facilities and reinforce s the Group’s confidence in the asset’s enhanced positioning . This is further supported by strategic marketing and communications efforts that continue to solidify and elevate the hotel’s brand identity. Complemented by its strategic location within the KLCC Precinct , the hotel is poised to capture sustained demand moving into 2026.
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’s first transit‑oriented 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.
Progressing on net zero carbon emissions journey
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’s offices achieved a 3-star Energy Efficiency Rating or higher under the Malaysia’s 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.
In addition, the Group also established and reported in accordance with the National Sustainability Reporting Framework (NSRF), aligning the Group‘s sustainability disclosure with the International Financial Reporting Standards (IFRS) S1 and S2, as set by the International Sustainability Standards Board (ISSB).
The Group’s 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’s aspiration to position the KLCC Precinct as Malaysia’s first United Nation’s 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 “RUKOM” (Ruang Komuniti ) or community space at the identified People's Housing Programme (PPR). This was the Group’s second contribution towards establishing RUKOM at the PPR.
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’s commitment to sustainability and responsible environmental practices.
Prospects
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.
“Looking 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 ”, said Datuk Sr Mohd. Salem Kailany, Chief Executive Officer of KLCCP.
Suria KLCC’s 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.
MOKUL Hotel’s 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’s 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 ‑value long ‑stay and premium segments, alongside closer collaboration with KLCC precinct stakeholders in strategic placemaking initiatives that will enhance the KLC C Precinct’s connectivity, vibrancy and footfall.
About KLCCP Stapled Group
KLCC Property Holdings Berhad (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), collectively known as KLCCP Stapled Group is Malaysia’s largest self - managed stapled security that invests, develops, owns, and manages a stable of iconic and quality assets. KLCCP Stapled Group became the first ever Shariah compliant stapled structure in Malaysia upon the listing of KLCC Stapled Securities (KLCCSS) on 9 May 2013 and trades under the REIT sector of the index as a single price quotation.
KLCCP Stapled Group’s core business is in property investment and development, and provision of management services. The Group owns iconic prime assets, namely the PETRONAS Twin Towers, Menara ExxonMobil, and Menara 3 PETRONAS under KLCC REIT and Suria KLC C, the premier shopping mall, Mandarin Oriental, Kuala Lumpur hotel and a vacant land (Lot D1) under KLCCP. KLCCP also has a 33% stake in Menara Maxis.
KLCCP Stapled Group redefines excellence in real estate. With decades of experience building the nation’s iconic landmarks, it has elevated industry standards and expectations, reinforcing its commitment to enriching lives and building a more sustainable future.
Issued by:
Group Strategic Communications and Investor Relations
28 April 2026
SOURCE: KLCC (Holdings) Sdn Bhd
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Yasmin Abdullah Manager
Corporate Communications
Group Strategic Communications and Investor Relations
KLCC (Holdings) Sdn Bhd
Tel: +603 - 27837584
Email: yasmina@klcc.com.my
--BERNAMA