【ALSREIT 5269 交流专区】

icy97

AL-SALAM REAL ESTATE INVESTMENT TRUST

EX-date	12 Feb 2016
Entitlement date	16 Feb 2016
Entitlement time	05:00 PM
Entitlement subject	Income Distribution
Entitlement description	Income distribution of 1.20 sen per unit (taxable in the hands of unit holders) for the financial year ended 31 December 2015.
Period of interest payment	to
Financial Year End	31 Dec 2015
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	Pro Corporate Management Services Sdn BhdLevel 11, Menara KOMTAR, Johor Bahru City Centre80000 Johor Bahru, JohorTel : 07-2267692/2267476 , Fax - 07-2223044
Payment date	29 Feb 2016
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	16 Feb 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.0120
Par Value	Malaysian Ringgit (MYR) 1.000

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2015	31 Dec 2014	31 Dec 2015	31 Dec 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	17,154	0	20,665	0
2	Profit/(loss) before tax	14,476	0	14,767	0
3	Profit/(loss) for the period	14,476	0	14,767	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	14,476	0	14,767	0
5	Basic earnings/(loss) per share (Subunit)	2.50	0.00	2.55	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0126		0.0000

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2016	31 Mar 2015	31 Mar 2016	31 Mar 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	17,224	0	17,224	0
2	Profit/(loss) before tax	7,273	0	7,273	0
3	Profit/(loss) for the period	7,273	0	7,273	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	7,273	0	7,273	0
5	Basic earnings/(loss) per share (Subunit)	1.25	0.00	1.25	0.00
6	Proposed/Declared dividend per share (Subunit)	1.20	0.00	1.20	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0131		1.0126

icy97

Notice of Person Ceasing (29C)

AL-SALAM REAL ESTATE INVESTMENT TRUST

Particulars of Substantial Securities Holder

Name	KULIM (MALAYSIA) BERHAD
Address	Level 11 Menara KOMTAR Johor Bahru City Centre Johor Bahru 80000 Johor Malaysia.
Company No.	23370-V
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	REIT Units of RM1.00 each
Date of cessation	11 Jul 2016
Name & address of registered holder	Kulim (Malaysia) BerhadLevel 11Menara KOMTARJohor Bahru City Centre80000 Johor BahruJohor

Currency	Malaysian Ringgit (MYR)
No of securities disposed	25,470,000
Price Transacted ($$)
Circumstances by reason of which Securities Holder has interest	Married Deal
Nature of interest	Direct
Date of notice	14 Jul 2016

icy97

Notice of Interest Sub. S-hldr (29A)

AL-SALAM REAL ESTATE INVESTMENT TRUST

Particulars of Substantial Securities Holder

Name	WAQAF AN-NUR CORPORATION BERHAD
Address	Level 11 Menara KOMTAR Johor Bahru City Centre Johor Bahru 80000 Johor Malaysia.
Company No.	529976-D
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	REIT unit of RM1.00 each
Name & address of registered holder	Waqaf An-Nur Corporation BerhadLevel 11, Menara KOMTARJohor Bahru City Centre80000 Johor BahruJohor

Date interest acquired & no of securities acquired
Currency	Malaysian Ringgit (MYR)
Date interest acquired	11 Jul 2016
No of securities	42,070,000
Circumstances by reason of which Securities Holder has interest	Married Deal
Nature of interest	Direct
Price Transacted ($$)
Total no of securities after change
Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	14 Jul 2016

Type of transaction	Description of Others	Date of change	No of securities	Price Transacted (RM)
Acquired		13 Jul 2016	2,234,200

Circumstances by reason of which change has occurred	Purchase of units via open market
Nature of interest	Direct
Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	57,234,601
Date of notice	14 Jul 2016

icy97

Name	DAMANSARA ASSETS SDN BHD
Address	Level 11 Menara KOMTAR Johor Bahru City Centre Johor Bahru 80000 Johor Malaysia.
Company No.	766894-V
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	REIT Units of RM1.00 each
Name & address of registered holder	Damansara Assets Sdn BhdLevel 11Menara KOMTARJohor Bahru City Centre80000 Johor BahruJohor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Description of Others	Date of change	No of securities	Price Transacted (RM)
Disposed		11 Jul 2016	16,600,000

Circumstances by reason of which change has occurred	Married Deal
Nature of interest	Direct
Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	279,075,417
Date of notice	14 Jul 2016

Tony-Pua

5269    ALSREIT    AL-SALAM REAL ESTATE INVESTMENT TRUST

Interim income distribution 2.60 sen (2.37 sen taxable & 0.23 sen non-taxable)

Entitlement Type: Income Distribution Entitlement Date and Time: 15/09/2016  05:00 PM Year Ending/Period Ending/Ended Date: 31/12/2016 EX Date: 13/09/2016 To SCANS Date: Payment Date: 13/10/2016

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2016	30 Jun 2015	30 Jun 2016	30 Jun 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	18,000	1,255	35,224	1,255
2	Profit/(loss) before tax	8,006	86	15,278	86
3	Profit/(loss) for the period	8,006	86	15,278	86
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,006	86	15,278	86
5	Basic earnings/(loss) per share (Subunit)	1.38	0.01	2.63	0.01
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	1.20	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0268		1.0126

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2016	30 Sep 2015	30 Sep 2016	30 Sep 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	19,428	2,255	54,652	3,511
2	Profit/(loss) before tax	9,779	205	25,057	291
3	Profit/(loss) for the period	9,779	205	25,057	291
4	Profit/(loss) attributable to ordinary equity holders of the parent	9,779	205	25,057	291
5	Basic earnings/(loss) per share (Subunit)	1.69	0.04	4.32	0.05
6	Proposed/Declared dividend per share (Subunit)	2.60	0.00	3.80	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0177		1.0126

icy97

AL-SALAM REAL ESTATE INVESTMENT TRUST

EX-date	14 Feb 2017
Entitlement date	16 Feb 2017
Entitlement time	05:00 PM
Entitlement subject	Income Distribution
Entitlement description	Final income distribution of 3.40 sen per unit for the financial year ended 31 December 2016 (of which 2.91 sen is taxable and 0.49 sen per unit is non-taxable in the hands of unit holders) in respect of the period from 01 July 2016 to 31 December 2016. Withholding tax will be deducted for distribution made to the following types of unit holders :- -        Tax Resident Companies (no withholding tax) -        Resident and Non-Resident Individuals (withholding tax rate at 10%) -        Resident Institutional Investors (withholding tax rate at 10%) -        Non-Resident Institutional Investors (withholding tax rate at 10%) -        Non-Resident Companies (withholding tax rate at 24%) -        Nominees (withholding tax rates applicable to respective beneficial owners of the units)
Period of interest payment	to
Financial Year End	31 Dec 2016
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	Pro Corporate Management Services Sdn BhdLevel 11, Menara KOMTAR, Johor Bahru City Centre80000 Johor Bahru, JohorTel : 07-2267692/2267476 , Fax - 07-2223044
Payment date	28 Feb 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	16 Feb 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.034
Par Value	Malaysian Ringgit (MYR) 1.000

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2016	31 Dec 2015	31 Dec 2016	31 Dec 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	21,483	17,154	76,135	20,665
2	Profit/(loss) before tax	21,610	14,476	46,667	14,767
3	Profit/(loss) for the period	21,610	14,476	46,667	14,767
4	Profit/(loss) attributable to ordinary equity holders of the parent	21,610	14,476	46,667	14,767
5	Basic earnings/(loss) per share (Subunit)	3.73	2.50	8.05	2.55
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	3.80	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0551		1.0126

icy97

ALSREIT产托可增持？

莉莉问：

我是长期投资者，想请问ALSREIT产托（ALSREIT，5269，主板产托组）的股息稳定吗？可以持续增加？

答：先看看ALSREIT产托最新公布的业绩，该公司2016年末季业绩超越市场预期，分析员基于该公司依然有潜能带来16%的回酬，上调2017至2018财政年财测。

马银行研究指出，ALSREIT产托末季业绩主要由新山城中城广场（KOMTAR JBCC）出租率改善（由89%升至93%）及调整租金结构所推动，在剔除重估收益的1060万令吉下，录得1100万令吉核心净利，累积全年核心净利扬411%，至3600万令吉，超越市场预期。

马银行表示，尽管新山城中城广场出租率改善及租金结构获调整，惟因为KOMTAR大厦及@Mart Kempas出租率下滑，分别为93%及90%（前期为96%及95%）及租户没有更新租约而抵销部份利好。

马银行预料新山城中城广场将持续推动ALSREIT产托业绩，可在2017年贡献56%营业额。

在调整2016年全年业绩后，马银行调整ALSREIT产托2017及2018财政年财测，上修2.4%及2.2%。

马银行认为，ALSREIT产托可从KFCH学院和QSR产业享有稳定及可循环收入，该两项产业在2017年料做出25%的营业额贡献。

马银行认为，ALSREIT产托依然有潜能录得16%的回酬率，且2017财政年的周息率预测为5.6%。

综合以上，马银行维持ALSREIT产托“买入”评级及1令吉15仙目标价。

文章来源：
星洲日报‧投资致富‧投资问诊‧文：李文龙‧2017.03.05

icy97

Date of change	27 Mar 2017
Name	ENCIK WAN AZMAN BIN ISMAIL
Age	52
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Director
New Position	Executive Director
Directorate	Executive
Qualifications	BA (Hons) in Accounting and Financial Analysis, University of Newcastle upon Tyne, United Kingdom (1988)
Working experience and occupation	1. Manager, Perwira Affin Merchant Bank Berhad (September 1990 - March 1996)2. Senior Manager (Corporate Finance), BSN Merchant Bank Berhad (March 1996 - July 1999)3. Senior Manager (Corporate Finance), Johor Corporation ( September 1999 to December 2000)4. General Manager, Damansara Realty Berhad (January 2001 to January 2011)5. Executive Director, Damansara Realty Berhad (February 2011 to January 2013)6. Managing Director, Damansara Realty Berhad ( February 2013 to June 2014)7. Vice President (Strategic Development Department) Johor Corporation ( January 2014- Present)

icy97

Date of change	19 Apr 2017
Name	ENCIK YUSAINI BIN SIDEK
Age	49
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Managing Director
New Position	Director
Directorate	Non Independent and Non Executive
Qualifications	1. Bachelor of Business Administration from Universiti Kebangsaan Malaysia (1999)2. Master of Business Administration Specialisation in International Business from University of     Southern Queensland, Australia (2010)
Working experience and occupation	1. Colliers Jordan Lee & Jaafar (1990)2. Jabatan Penilaian dan Perkhidmatan Harta (1990 - 1994)3. Bank Industri Malaysia Berhad (1994-1997)4. Fima Corporation Berhad (1997-1999)5. CSM Corporation Berhad (1999-2000)6. Empire Tower (M) Sdn Bhd (2001)7. Johor Corporation Group of Companies (2001 - present)

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2017	31 Mar 2016	31 Mar 2017	31 Mar 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	19,753	17,224	19,753	17,224
2	Profit/(loss) before tax	9,266	7,273	9,266	7,273
3	Profit/(loss) for the period	9,266	7,273	9,266	7,273
4	Profit/(loss) attributable to ordinary equity holders of the parent	9,266	7,273	9,266	7,273
5	Basic earnings/(loss) per share (Subunit)	1.60	1.25	1.60	1.25
6	Proposed/Declared dividend per share (Subunit)	3.40	1.20	3.40	1.20
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0370		1.0551

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	20,246	18,000	39,999	35,224
2	Profit/(loss) before tax	9,065	8,006	18,331	15,278
3	Profit/(loss) for the period	9,065	8,006	18,331	15,278
4	Profit/(loss) attributable to ordinary equity holders of the parent	0	0	0	0
5	Basic earnings/(loss) per share (Subunit)	1.56	1.38	3.16	2.63
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	3.40	1.20
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0527		1.0551

icy97

EX-date	13 Sep 2017
Entitlement date	15 Sep 2017
Entitlement time	05:00 PM
Entitlement subject	Income Distribution
Entitlement description	Interim income distribution of 2.85 sen per unit for the financial year ending 31 December 2017 (of which 2.58 sen is taxable and 0.27 sen per unit is non-taxable in the hands of unit holders) in respect of the period from 01 January 2017 to 30 June 2017. Withholding tax will be deducted for distribution made to the following types of unit holders :- -        Tax Resident Companies (no withholding tax) -        Resident and Non-Resident Individuals (withholding tax rate at 10%) -        Resident Institutional Investors (withholding tax rate at 10%) -        Non-Resident Institutional Investors (withholding tax rate at 10%) -        Non-Resident Companies (withholding tax rate at 24%) -        Nominees (withholding tax rates applicable to respective beneficial owners of the units)
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	Pro Corporate Management Services Sdn BhdLevel 16, Menara KOMTAR, Johor Bahru City Centre80000 Johor Bahru, JohorTel : 07-2195064 , Fax - 07-2233175
Payment date	13 Oct 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	15 Sep 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.0285

icy97

Al Salam产托1.55亿购登州Mydin
每2年可加租5%

2017年10月4日
（吉隆坡3日讯）Al Salam产托（ALSREIT，5269，主板产托股）以1亿5500万令吉现金，购买登嘉楼贡巴达Mydin超市。

该公司今日向交易所报备，于10月2日与Mydin Wholesale Cash and Carry私人有限公司签署买卖协议。

完成收购后，Mydin Mohamed控股有限公司会立刻回租该商场，为期30年。同时，Al Salam产托每2年可调高租金5%。

该产托管理人相信，该收购是个扩展投资产业组合的良机，可带来稳定永续收入流。

此外，“三重净租约”模式降低了Al Salam产托的风险，包括产业营运成本走高和其他行政活动。

“Mydin集团的符合回教教义的地位及提供100%清真产品的生意模式，将吸引附近的回教社区。”

该超市的市价为1亿5800万令吉，因此Al Salam产托是以1.9%或300万令吉折价购得该产业。

完成收购后，该产托的投资者组合将从9亿2210万令吉提高至10亿7710万令吉。

Al Salam产托将以银行贷款和/或债务融资来支付款项。

若无意外，这项交易可在明年首季完成。【e南洋】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	AL-SALAM REAL ESTATE INVESTMENT TRUST ("AL-SALAM REIT")PROPOSED ACQUISITION OF MYDIN HYPERMARKET GONG BADAK BY AMANAHRAYA TRUSTEES BERHAD ("TRUSTEE"), AS THE TRUSTEE OF AL-SALAM REIT, FOR AND ON BEHALF OF AL-SALAM REIT, FROM MYDIN WHOLESALE CASH AND CARRY SDN BHD ("MWCC") FOR A TOTAL CASH CONSIDERATION OF RM155.0 MILLION ("PROPOSED ACQUISITION")
On behalf of the board of directors of Damansara REIT Managers Sdn Berhad, the management company of Al-Salam REIT, RHB Investment Bank Berhad wishes to announce that the Trustee, acting solely in the capacity as trustee for and on behalf of Al-Salam REIT, had on 2 October 2017 entered into a conditional sale and purchase agreement with MWCC for the acquisition of a double storey hypermarket, each floor with a mezzanine level together with 796 car park bays (634 covered parking bays and 162 surface car parking bays), located at Lot 52606 (formerly PT No. 35511), Dataran Austin, Jalan Gong Pak Damat, 21200 Kuala Terengganu, Terengganu Darul Iman for a total cash consideration of RM155.0 million to be satisfied entirely in cash. Further details of the Proposed Acquisition is set out in the attachment below. This announcement is dated 3 October 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5562285

Attachments Al-Salam REIT - Proposed Acquisition.pdf

icy97

Al Salam产托
料须发债筹资

2017年10月5日

分析:兴业投行研究
目标价:1.20令吉

最新进展:

Al Salam产托（ALSREIT，5269，主板产托股）以1亿5500万令吉现金，购买登嘉楼贡巴达Mydin超市。

收购后，Mydin Mohamed控股有限公司会立刻回租该商场，为期30年。Al Salam产托每2年可调高租金5%。

Al Salam产托将以银行贷款和/或债务融资来支付款项。这项交易预计明年首季完成。

行家建议:

由于实际利率成本较高（近5.2%），因此，我们中和看待这项收购计划。

由于Al Salam产托将举债完成收购，我们不排除可能会有向单位持有者筹资，因为该产托的负债率，将从2016财年的35.45%，上升至近44.5%。

另外，因成本提升，我们预计收购回酬也会稍高。我们认为，6%的派息率，会随着租金每2年调涨5%而逐年上升。

另一方面，我们上调2018至2019财年盈利预测，幅度为3至4%。盈利的主要推动力，将源自光大JBCC资产5至15%的租金上调率。

调升财测后，我们也将目标价，由1.18令吉上调至1.20令吉，维持“买入”评级。



【e南洋】



1.55亿购登Mydin霸市．ALSREIT产托财测上调

（雪兰莪·八打灵再也4日讯）

●新闻

ALSREIT产托（ALSREIT,5269,主板产业投资信托组）建议以1亿5500万令吉现金收购登嘉楼Mydin霸级市场。

该霸级市场的出租率为95.29%，截至2017年3月31日，资产的净收入为698万5000令吉。ALSREIT产托预期明年首季可完成收购。

●分析

马银行研究对此进展持适度正面的看法，该公司和卖方签署的回租架构将提供稳定和经常性租金收入。

该公司也和卖家达致为期30年的三重净租赁（triple-net lease）合约，即租户承担所有的运营花费，Mydin将回租该霸级市场，每两年租金提高5%，但租金详情未透露。收购价比市场估值的1亿5800万令吉低2%。

假设净产业回酬6%和借贷成本5.2%，Mydin霸级市场资产将令ALSREIT产托2018至2020年财测和股息预测上调12%／4%／6%。此外，负债比升至0.44倍（截至2017年第二季为0.36倍）。总产业价值增加17%，至10亿7700万令吉（第二季为9亿2200万令吉）。

马银行研究保持财测不变，继续看好ALSREIT产托的均衡资产组合，包含了长期稳定资产和三重净租赁将提供盈利上涨潜能。


文章来源：
星洲日报‧财经‧‧2017.10.04

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2017	30 Sep 2016	30 Sep 2017	30 Sep 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	19,786	19,428	59,784	54,652
2	Profit/(loss) before tax	8,612	9,779	26,943	25,057
3	Profit/(loss) for the period	8,612	9,779	26,943	25,057
4	Profit/(loss) attributable to ordinary equity holders of the parent	0	0	0	0
5	Basic earnings/(loss) per share (Subunit)	1.48	1.69	4.65	4.32
6	Proposed/Declared dividend per share (Subunit)	2.85	2.60	6.25	3.80
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.0390		1.0551