Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (“Hektar REIT”), extends its heartfelt congratulations to Kolej Yayasan Saad (KYS) Melaka on its outstanding Sijil Pelajaran Malaysia (SPM) 2024 results.
Operating from the education property owned by Hektar REIT, KYS once again ranked among the nation’s top academic performers, achieving a national ranking of 9 based on the Ministry of Education’s official results.
A remarkable 50% of students achieved straight As, reinforcing KYS’s reputation and dedication for academic excellence and holistic education.
This stellar performance reaffirms KYS’s standing among Malaysia’s most accomplished private secondary schools and highlights the long-term institutional strength that underpins Hektar REIT’s foray into the education real estate sector, supporting resilient and impactful institutions.
Additionally, 50% of students from the previous SPM batch received full scholarships to pursue postgraduate studies, highlighting the capability of the school in nurturing future talents and delivering excellent results.
Zainal Iskandar, Chief Executive Officer of Hektar Asset Management, said,
“The consistent top-tier performance of Kolej Yayasan Saad speaks volumes of the school’s academic rigour, leadership values, and enduring excellence. For Hektar REIT, KYS’s remarkable achievements exemplify the importance of high-quality education infrastructure in shaping Malaysia’s future leaders.
We remain committed to investing in resilient assets that create long-term value while supporting national development goals.”
At KYS, education transcends traditional academics through a dynamic curriculum that fuses academic excellence with leadership cultivation, multilingual mastery, and creative innovation.
Beyond the core national syllabus, students engage in enriching programs such as coding program, Mandarin and French program, award winning music and arts program, sports, and public speaking programs, equipping them with essential skills for the future.
KYS’s hallmark leadership development programs and international exchange initiatives are deeply woven into the educational journey, empowering students to lead with purpose and think beyond borders.
Through these experiences, KYS shapes confident, adaptable global citizens poised to make meaningful contributions to an interconnected world.
KYS proudly sees the majority of its graduates matriculate to prestigious institutions such as Harvard, Cambridge, and other top-tier Ivy League universities.
Among its most recent successes, Kolej Yayasan Saad proudly celebrates Athena Siow, a distinguished graduate who has been accepted into Harvard College with a full scholarship and is set to graduate with the Class of 2029.
Reflecting on her journey, future Harvard student Athena Siow shared, “KYS is more than just a school — it’s a place that pushed me to grow beyond academics. The structure, unwavering support, and culture of excellence helped shape me into the best version of myself. I’m proud to carry forward the legacy of KYS.”
To recap, Hektar REIT completed the acquisition of KYS campus in Q3 2024 as part of its portfolio diversification strategy.
The property, operating under a long-term lease structure, delivers steady income and represents a strategic expansion into the education sector, one that reinforces Hektar REIT’s objective of sustainable growth and impact-led investing.
ABOUT HEKTAR REAL ESTATE INVESTMENT TRUST
Hektar Real Estate Investment Trust (“Hektar REIT”) is Malaysia’s first listed retail-focused REIT. The primary objectives of Hektar REIT are to provide unitholders with sustainable dividend income and to achieve a long-term capital appreciation of the REIT.
Hektar REIT was listed on the Main Market of Bursa Malaysia Securities Berhad on December 4, 2006 and currently owns 2 million square feet of retail space and an education property across 4 states with total assets valued at RM1.39 billion.
On 19 February 2025, The Manager has announced the proposed acquisition of an industrial property located in Bayan Lepas, Penang for RM30 million, marking Hektar REIT’s dedication to diversification for yield-accretive non-retail assets, being the first industrial asset in its portfolio.
Hektar REIT is managed by Hektar Asset Management Sdn Bhd and the property manager is Hektar Property Services Sdn Bhd. Hektar REIT’s portfolio of diversified properties includes Subang Parade in Subang Jaya, Selangor; Mahkota Parade in Melaka; Kolej Yayasan Saad in Ayer Keroh, Melaka; Wetex Parade & Classic Hotel in Muar, Johor; Central Square in Sungai Petani, Kedah; Kulim Central in Kulim, Kedah and Segamat Central in Segamat, Johor.
For more information, please visit www.HektarREIT.com
