MANAGER’S REPORT The Manager of Al-`Aqar Healthcare REIT (the ”Fund”), Damansara REIT Managers Sdn Berhad (the “Manager”) have pleasure in presenting their report and the audited financial statements of the Group and of the Fund for the financial year ended 31 December 2023. Results Group Fund 2023 2023 RM RM Profit for the year 60,694,173 66,517,692 Income distributions Since the end of the previous financial year, the amounts of dividends paid by the Fund were as follows: Fund 2023 RM In respect of the financial year ended 31 December 2022 as reported in the directors’ report of that year: Final income distribution of 2.10 sen per unit on 756,485,757 units, paid on 24 February 2023 15,886,201 In respect of the financial year ended 31 December 2023 as reported in the directors’ report of current year: First interim income distribution of 2.00 sen per unit on 756,485,757 units, paid on 10 May 2023 15,129,715 Second interim income distribution of 1.90 sen per unit on 839,597,757 units, paid on 27 September 2023 15,952,357 Third interim income distribution of 2.00 sen per unit on 839,597,757 units, paid on 21 December 2023 16,791,935 63,760,208 A final interim income distribution in respect of the financial year ended 31 December 2023, of 2.00 sen per unit on 839,597,757 units amounting to an income distribution payable of RM16,791,955 will be payable on 29 February 2024. The financial statements for the current year do not reflect this final interim income distribution. Such income distribution will be accounted for in equity as an appropriation of profits in the financial year ending 31 December 2024. The Fund and its investment objective The Fund is a Malaysian-based real estate and investment trust, established on 28 June 2006 pursuant to the execution of a Trust Deed dated 27 June 2006 between the Manager and AmanahRaya Trustees Bhd (the “Trustee”). The Fund was listed on the Main Board of Bursa Malaysia Securities Berhad on 10 August 2006. On 17 April 2019, at the Annual General Meeting, the unitholders of the Fund approved the proposed amendments of the Restated Trust Deed dated 31 July 2013. The Second Restated Trust Deed was executed and lodged with the Securities Commission on 25 November 2019. AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2023 FINANCIAL STATEMENTS 1 2 3 4 5 165
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