SECTION 02 pg. 12 AL-SALĀM REIT Name of Fund Al-Salām Real Estate Investment Trust Type of Fund Income and Growth Category of Fund Real Estate Investment Trust Listing Main Market of Bursa Malaysia Securities Berhad Listing Date 29 September 2015 Stock Name and Code ALSREIT (5269) Fund Size 580,000,000 units Initial Public Offering Price RM1.00 Financial Year End 31 December Trustee Fee Up to 0.02% per annum of the Fund’s Net Asset Value Manager’s Fee Up to 1% per annum of the Fund’s Total Asset Value Distribution Policy At least 90% of distributable income Revaluation Policy Annually by independent registered valuer Gearing Policy Not exceeding 50% of the REIT’s Total Asset Value SALIENT FEATURES The Manager will seek to optimise the rental rates, occupancy rates and net lettable area of the subject properties in order to improve the returns from Al-Salām REIT’s property portfolio. OPERATING STRATEGY The Manager will endeavour to employ an appropriate mix of debt and equity in financing acquisitions, seek to manage financing and refinancing risk to adopt an active financing rate management strategy to manage the risks associated with changes in financing rates. CAPITAL MANAGEMENT STRATEGY The Fund’s key objective is to invest in Shariah-compliant properties, providing unitholders with regular and stable income distributions, sustainable long term unit prices and distributable income and capital growth, while maintaining an appropriate capital structure. INVESTMENT OBJECTIVE Al-Salām REIT is an Islamic REIT established with the principal investment policy of investing, directly and indirectly, in a diversified shariah-compliant portfolio with income producing real estate which are used primarily for commercial retails, office and industrial purposes in Malaysia as well as real estate-related assets. INVESTMENT POLICY The Manager will source for and acquire properties that fit within AlSalām REIT’s investment strategy to enhance return to the Unitholders and capitalise on opportunities for future income and Net Asset Value (“NAV”) growth. INVESTMENT MANAGEMENT STRATEGY
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