Month: April 2012
April 2012
Results Announcement
- 24 Feb 12 : Al Aqar (Table Updated)
- 16 Apr 12 : Axis (Table Updated)
- 19 Apr 12 : CMMT (Table Updated)
- 19 Apr 12 : Tower (No DPU as Semi-Annual Payout)
- 24 Apr 12 : Atrium (Table Updated)
- 25 Apr 12 : Sunway (Table Updated)
- 26 Apr 12 : AmFirst (Table Updated)
Average Yield = 7.056%
|
REIT |
Period |
DPU (sen) |
Price (RM) |
Yield |
NAV (RM) |
Assets Type |
|
Starhill |
1H – Dec11 |
4.0112 |
0.950 |
8.445% |
1.1448 |
Diversified |
|
AmFirst |
2H – Mar12 |
4.83 |
1.200 |
8.050% |
1.4400 |
Office |
|
AmanahRaya |
Q4 – Dec11 |
1.88 |
0.935 |
8.043% |
1.0496 |
Retail |
|
Tower |
2H – Dec11 |
5.70 |
1.390 |
7.806% |
1.6609 |
Office |
|
UOA |
Q4 – Dec11 |
2.70 |
1.400 |
7.714% |
1.4224 |
Office |
|
Quill Capita |
2H – Dec11 |
4.30 |
1.140 |
7.544% |
1.2947 |
Office |
|
Atrium |
Q1 – Mar12 |
2.20 |
1.170 |
7.521% |
1.1051 |
Industrial |
|
Hektar |
FY11 – Dec |
10.50 |
1.400 |
7.500% |
1.4800 |
Retail |
|
Al-Hadharah |
2H – Dec11 |
8.00 |
1.780 |
6.742% |
1.8064 |
Diversified |
|
Axis |
Q1 – Mar12 |
4.30 |
2.680 |
6.418% |
2.1138 |
Office |
|
Al-AQAR Healthcare |
2H – Dec11 |
2.52 |
1.210 |
6.355% |
1.1200 |
Plantation |
|
Sunway |
Q3 – Mar12 |
1.87 |
1.260 |
5.937% |
1.0137 |
Diversified |
|
CMMT |
Q1 – Mar12 |
2.09 |
1.440 |
5.806% |
1.0946 |
Malls |
|
Pavilion |
FY12 – IPO |
5.73 |
1.170 |
4.897% |
0.9600 |
Malls |
Last Updated : 30-Apr-12
Notes
- Pavilion : DPU = 5.73 sen (IPO FY12 Forecast)
- Tower : Yield Uses 1H11 DPU = 5.15 sen + 2H11 DPU = 5.7 sen
- Al-Aqar KPJ : Yield Uses 1H11 DPU = 5.17 sen + 2H11 DPU = 2,52 sen as it is Observed that 2H DPU > 1H DPU
- Al-Hadharah : Yield Uses 2H11 DPU = 8 sen + 1H11 DPU = 4 sen as it is Observed that 2H DPU > 1H DPU
- Hektar : Yield Table Uses Full Year DPU 10.5 sen to Compute Yield as Hektar Pays DPU = 2.5 sen for Q1,Q2,Q3 and the Balance in Q4
Withholding tax
- Resident Individual = 10%
- Non Resident Individual = 10%
- Resident Institutional Investors = 10%
- Non-Resident Institutional Investors = 10%
- Resident Companies = 0% ; Subject to Corporate Tax at Prevailing Rate
- Non-Resident Companies = 25% for Year of Assessment 2009
Sunway – thestar
Sunway REIT issues RM850mil commercial papers
Sunway Real Estate Investment Trust's (SunREIT) unit SunREIT Capital Bhd has issued RM850mil in nominal value of commercial papers (CPs).
It said on Thursday the CPs were accorded a short a short term rating of P1(s) by RAM Rating Services Bhd.
The RM200mil CPs, will be under a competitive tender, have a tenure of three months and will mature on July 25.
The other RM300mil in CPs would have a one-month tenure and will be placed out while the RM350mil CPs, which would also be placed out, would have a tenure of three months.
Atrium – thestar
Atrium REIT Q1 net profit up 2.2% to RM2.72m
Atrium Real Estate Investment Trust's (Atrium REIT) first quarter earnings rose 2.2% to RM2.72mil in the first quarter ended March 31, 2012 from RM2.66mil a year ago.
It said on Tuesday its revenue rose at a stronger pace of 13.1% to RM4.05mil from RM3.52mil. Earnings per unit were 2.23 sen compared with 2.19 sen.
It declared dividend per share of 2.20 sen compared with 2.15 sen a year ago.
"The improved result is due mainly to the additional contribution from the newly acquired Atrium USJ," it said.
Atrium REIT said correspondingly, the property operating expenses and the finance costs had risen due to the new acquisition.
However, interest income declined due to a decrease in deposits with licensed financial institutions. Part of the funds was used to finance the acquisition of Atrium USJ and also to refund the excess security deposits back to the tenant/lessee.
"The Atrium REIT intends to distribute at least 90% of the distributable income (realised) to unitholders for the financial year 2012, which is exempt from tax pursuant to Section 61A(1) of Income Tax Act, 1967," it said.
Axis – thestar
Axis REIT posts higher profit
Axis Real Estate Investment Trust (REIT) has reported a net profit increase of 27.1% from a year earlier to RM20.96mil for its first quarter ended March 31, 2012, on higher revenue and property revaluation surplus.
During the quarter in review, the company posted revenue of RM30.29mil, up 18.5% from a year earlier.
Axis REIT told Bursa Malaysia that it had registered a property revaluation surplus of RM300,000 for the first quarter of 2012.
It had proposed a first interim income distribution of 4.3 sen per unit, up from 4.2 sen per unit for the corresponding period last year.
Axis – thestar
Axis REIT buys industrial land, buildings for RM26.5m cash
Axis Real Estate Investment Trust (Axis-REIT) is expanding its portfolio of properties with the proposed acquisition of two parcels of indsutrial land with buildings in Labu, Negeri Sembilan, for RM26.50mil cash.
Axis REIT Managers Bhd, the management company of Axis-REIT, said on Thursday the 29,436 sq metres of land with tenure of 99 years expiring in September 2095, was acquired from LRS Property Sdn Bhd. The acquisition was undertaken by OSK Trustees Bhd, the trustee for Axis-REIT.
Axis REIT Managers said the acquisition was to provide unitholders with stable distribution and to achieve growth in net asset value per unit of the fund.