AL-SALAM REIT ANNUAL REPORT 2019

AL-SALĀM REIT • 139 ANNUAL REPORT 2019 For The Financial Year Ended 31 December 2019 (Cont’d) 18. UNITHOLDERS’ CAPITAL No. of units 2019 2018 2019 2018 Group RM RM Unitholders’ capital 580,000,000 580,000,000 572,545,319 572,545,319 No. of units 2019 2018 2019 2018 The Fund RM RM Unitholders’ capital 580,000,000 580,000,000 572,545,319 572,545,319 The Fund issued 580,000,000 units of RM1 each in conjunction with the Fund’s IPO on the Main Market of Bursa Malaysia on 29 September 2015 of which 327,640,000 units of RM1 each were issued to vendors of the Fund’s investment properties to partially finance the acquisition of the said investment properties. The remaining 252,360,000 units of RM1 each were issued as part of the IPO to institutional investors and the Malaysian public. Details of units held by the related companies of the Manager which comprise companies related to Johor Corporation, a body corporate established under the Johor Corporation Enactment No. 4, 1968 (as amended by the Enactment No. 5, 1995), and substantial unitholders of the Fund, and their market value as of 31 December 2019 based on the Record of Depositors are as follows: No. of units 2019 2019 The Group RM Related companies: Johor Corporation 24,436,600 19,793,646 Damansara Assets Sdn Bhd 278,539,417 225,616,928 Kulim (Malaysia) Berhad 27,060,600 21,919,086 Johor Land Berhad 1,499,500 1,214,595 KPJ Healthcare Berhad 2,000,000 1,620,000 Kumpulan Bertam Plantations Berhad 296,000 239,760 Tenaga Utama (Johor) Berhad 7,688 6,227 No. of units 2019 2018 2019 2018 The Fund RM RM Related companies: Johor Corporation 24,436,600 24,436,600 19,793,646 19,793,646 Damansara Assets Sdn Bhd 278,539,417 278,539,417 225,616,928 225,616,928 Kulim (Malaysia) Berhad 27,060,600 23,829,600 21,919,086 19,301,976 Johor Land Berhad 1,499,500 1,499,500 1,214,595 1,214,595 KPJ Healthcare Berhad 2,000,000 2,000,000 1,620,000 1,620,000 Kumpulan Bertam Plantations Berhad 296,000 296,000 239,760 239,760 Tenaga Utama (Johor) Berhad 7,688 7,688 6,227 6,227 Market value for purposes of disclosure above is based on the closing price of the Fund as shown on the board of the Main Market of Bursa Malaysia, which was RM0.81 per unit as at 31 December 2019 (2018: RM0.81 per unit). Notes To The Financial Statements