AL-SALAM REIT ANNUAL REPORT 2020

08 AL-SALĀM REIT Dear Stakeholders, On behalf of the Board of Directors of the Manager, I hereby present the Annual Report and Audited Financial of Al-Salām REIT (the Fund) for the financial year ended 31 December 2020 (FY2020). It was a great honour and privilege to be appointed Chairman of the Manager on 14 February 2020. Coming into the role proved to be challenging from the onset, as at that time, the COVID-19 pandemic was beginning to spread across Malaysia. A month later, Malaysia was in a total lockdown due to the Movement Cont rol Order (MCO), which had affected the country from both social and economic perspectives.