Company Al-Salam Real Estate Investment Trust

Equities

ALSREIT

MYL5269TO004

Commercial REITs

End-of-day quote BURSA MALAYSIA 07:00:00 2024-03-26 pm EDT 5-day change 1st Jan Change
0.44 MYR 0.00% Intraday chart for Al-Salam Real Estate Investment Trust 0.00% -7.37%

Business Summary

Al-Salam Real Estate Investment Trust (the Fund) is a Malaysia-based diversified Islamic real estate investment trust (REIT). The principal activity of the Fund is to invest in shariah-compliant properties with the primary objective of 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. Its operating divisions include Retail outlets, Office buildings, Food and beverage (F&B) properties comprising restaurant, Industrial and others, and Other comprising fund level operations. The Fund's assets are located in Johor Bahru as well as in major towns throughout Malaysia. Its investment properties include KOMTAR JBCC, Menara KOMTAR, @Mart Kempas, and Malaysian College of Hospitality & Management (MCHM). The Fund has a total portfolio asset value of approximately RM1.22 billion. Damansara REIT Managers Sdn Berhad is the manager of the Fund.

Sales per Business

MYR in Million2022Weight2023Weight Delta
Retail Outlets
51.8 %
34 47.5 % 39 51.8 % +15.82%
Food and Beverage Restaurants
22.8 %
18 24.8 % 17 22.8 % -2.43%
Industrial and Others
14.7 %
11 15.5 % 11 14.7 % +0.80%
Office Buildings
10.7 %
9 12.1 % 8 10.7 % -6.52%

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
100.0 %
72 100.0 % 76 100.0 % +6.24%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 23-01-10
Director of Finance/CFO 38 11-10-09
Compliance Officer 56 16-02-29
Chief Operating Officer 54 06-06-30
Investor Relations Contact 42 13-05-01
Corporate Officer/Principal 47 14-07-15
Corporate Secretary - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chairman 58 20-02-13
Director/Board Member 67 22-01-23
Shariah Board Member 78 06-06-21
Shariah Board Member 79 06-06-21
Director/Board Member 58 21-01-20
Director/Board Member 52 20-08-23
Director/Board Member 59 21-03-09
Director/Board Member 51 22-12-11
Director/Board Member 60 22-12-11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 580,000,000 61,748,594 ( 10.65 %) 0 10.65 %

Shareholders

NameEquities%Valuation
Johor Corp.
52.50 %
304,475,517 52.50 % 28 M RM
Tabung Amanah Warisan Negeri Johor
16.58 %
96,153,900 16.58 % 9 M RM
Kumpulan Waqaf An Nur Bhd.
9.960 %
57,769,401 9.960 % 5 M RM
Kulim (Malaysia) Bhd.
4.717 %
27,356,600 4.717 % 3 M RM
Pelaburan Hartanah Bhd.
3.448 %
20,000,000 3.448 % 2 M RM
Lembaga Tabung Haji
2.907 %
16,859,100 2.907 % 2 M RM
2,000,000 0.3448 % 185 440 RM
1,771,200 0.3054 % 164 226 RM
Pelaburan Johor Bhd.
0.1939 %
1,124,812 0.1939 % 104 293 RM
800,000 0.1379 % 74 176 RM

Company contact information

Al-Salam Real Estate Investment Trust

V Square, Block 1 Unit 1-19-02, Level 19

46200, Petaling Jaya

+

http://www.alsalamreit.com.my
address Al-Salam Real Estate Investment Trust(ALSREIT)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
0.44 MYR
Average target price
0.45 MYR
Spread / Average Target
+2.27%
Consensus

Annual profits - Rate of surprise