7 ABOUT US SECTION 1 Al-`Aqar Healthcare REIT | Annual Report 2024 SALIENT FEATURES NAME OF FUND Al-`Aqar Healthcare REIT LISTING DATE 10 August 2006 OCCUPANCY RATE 100% STOCK CODE 5116 MANAGER’S FEE Up to 0.3% per annum of the Fund’s Total Assets Value INITIAL PUBLIC OFFERING PRICE Retail Price RM0.95 Institutional Price RM1.00 REVALUATION POLICY Annually by independent registered valuer CATEGORY OF FUND Islamic healthcare real estate and healthcare related assets TYPE OF FUND Income and growth STOCK NAME ALAQAR LISTING Main Market of Bursa Malaysia Securities Berhad INVESTMENT POLICY To diversify its Shariah-compliant real estate portfolio, with a strategic emphasis on healthcare-related properties. The Fund focuses on expanding its holdings across various properties and locations, while continuously seeking opportunities that offer attractive and sustainable returns. INVESTMENT OBJECTIVE To deliver stable and sustainable distributions per unit to unitholders, with the potential for consistent growth in both distributions and net asset value (‘’NAV’’) per unit over the long term. INVESTMENT MANAGEMENT STRATEGY To increase cash flow and enhancing unit value through selective acquisitions. Additionally, the Fund aims to preserve and enhance the value of its property portfolio via portfolio diversification and combination of: • Capitalising on acquisition growth opportunities; and • Identifying assets that are approaching or have reached their optimal returns for potential disposal consideration. OPERATING STRATEGY To continously improve the performance of its properties by improving yields and returns. This is achieved through a combination of strategies, including: • Meeting the needs of the tenants; • Maintaining the quality and physical conditions of the properties; • Minimising disruptions to rental income and operational costs; • Implementing enhancement initiatives such as repositioning or repurposing underperforming or underutilised properties CAPITAL MANAGEMENT STRATEGY To optimise its capital structure and minimise the cost of capital while adhering to the financing limits prescribed by REIT Guidelines. Al-’Aqar intends to fund future acquisitions and asset enhancement initiatives (AEI) works through a balanced approach, combining both debt and REIT units to maintain financial flexibility and support long-term growth. FUND SIZE 839,597,757 units FINANCIAL YEAR END 31 December TRUSTEE FEE 0.04% per annum of the Fund’s net assets value DISTRIBUTION POLICY At least 95% of distributable income GEARING POLICY Not exceed 50% of the Fund’s total asset value
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