July 2012

Results Announcement

  • 12 Jul 12 : StarHill (Table Updated)
  • 13 Jul 12 : QCT (Table Updated)
  • 16 Jul 12 : UOA (Table Updated)
  • 19 Jul 12 : Altrium (Table Updated)
  • 20 Jul 12 : CMMT (Table Updated)
  • 23 Jul 12 : Axis (Table Updated)
  • 25 Jul 12 : Tower (Table Updated)

 

Average Yield = 6.532%

REIT

Period

DPU (sen)

Price (RM)

Yield

NAV (RM)

Assets Type

AmFirst

2H – Mar12

4.83

1.070

9.028%

1.4400

Office

UOA

1H – Jun12

5.53

1.450

7.628%

1.4281

Office

AmanahRaya

Q1 – Mar12

1.81

0.950

7.621%

1.0484

Retail

Tower

1H – Jun12

5.48

1.490

7.503%

1.6856

Office

Hektar

FY11 – Dec

10.5

1.450

7.241%

1.4900

Retail

Atrium

Q1 – Mar12

2.2

1.230

7.154%

1.1271

Industrial

Quill Capita

1H – Jun12

4.1

1.190

6.891%

1.2958

Office

Starhill

2H – Jun12

3.6247

1.110

6.531%

1.1460

Diversified

Axis

Q2 – Jun12

4.4

2.850

6.175%

2.1130

Office

Al-Hadharah

2H – Dec11

8

2.090

5.742%

1.7598

Diversified

Al-AQAR Healthcare

2H – Dec11

2.52

1.450

5.303%

1.1200

Plantation

Sunway

Q3 – Mar12

1.87

1.430

5.231%

1.0137

Diversified

CMMT

1H – Jun12

4.2

1.650

5.091%

1.1492

Malls

Pavilion

FY12 – IPO

5.73

1.330

4.308%

0.9551

Malls

Last Updated : 31-Jul-12

Notes

  • AmFirst : 3-for-5 Rights @ RM0.83 ; 10 Jul 12 Circular ; NAV = RM1.44 -> RM1.18 ; Gearing = 45.89% -> 29.68% ; Loan Interest Savings = RM8.93Mil
  • Pavilion : DPU = 5.73 sen (IPO FY12 Forecast)
  • Tower : Yield Uses 1H12 DPU = 5.48 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

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