2021 Highlights Objective, Policy & Strategies Corporate Profile Corporate Information Letter to Stakeholders Salient Features 5-Year Financial Performance Trading Performance Analysis of Unitholdings SECTION 1 CORPORATE OVERVIEW 03 04 06 08 10 14 15 16 17 INSIDE THIS REPORT Trust Structure Organisation Structure The Board of Directors The Shariah Committee The Management Team SECTION 2 THE DRIVING FORCES 20 21 22 31 34 Management Discussion and Analysis 38 Financial Review 42 Operations Review 53 Capital Review 55 Risk Management Market Report Summary Portfolio Summary and Details SECTION 3 STRATEGIC PERFORMANCE 38 57 61 The office building Menara KOMTAR is connected to the shopping mall KOMTAR JBCC. COVER RATIONALE Rebounding With Resilience Al-Salām REIT's commercial asset portfolio, namely the KOMTAR JBCC mall was adversely impacted by Covid-19 in line with retail market performance at large for the past year. In light of the anticipated recovery, we believe that better times are ahead. We are positioning ourselves to capitalise on the opportunities presented by this new era of growth and change. The cover depicts the company's properties, emphasising its dynamism and determination during this hard time.
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