January 2013

Results Announcement

  • 15 Jan 13 : UOA (Table Updated)
  • 17 Jan 13 : Starhill (Table Updated)
  • 18 Jan 13 : Pavilion (Table Updated)
  • 21 Jan 13 : Axis (Table Updated)
  • 22 Jan 13 : CMMT (Table Updated)
  • 22 Jan 13 : Atrium (Table Updated)
  • 23 Jan 13 : Al Aqar (Table Updated)
  • 23 Jan 13 : Sunway (Table Updated)
  • 29 Jan 13 : Tower (Table Updated)
  • 30 Jan 13 : Al-Hadharah (Table Updated)
  • 30 Jan 13 : IGB (Table Updated)
  • 31 Jan 13 : QCT (Table Updated)

 

Average Yield = 6.374%

REIT

Period

DPU (sen)

Price (RM)

Yield

NAV (RM)

Assets Type

AmanahRaya

Q3 – Dec12

1.7890

0.925

7.736%

1.0490

Retail

Tower

2H – Dec12

6.0400

1.510

7.629%

1.8252

Office

AmFirst

1H – Sep12

3.1600

1.060

7.538%

1.2075

Office

Axis

Q4 -Dec12

5.6000

3.110

7.203%

2.1679

Office

UOA

2H – Dec12

4.9500

1.380

7.174%

1.4976

Office

Quill Capita

2H – Dec12

4.1000

1.200

7.133%

1.3128

Office

Hektar

Q4 – Dec12

2.6000

1.470

7.075%

1.4700

Retail

Atrium

Q4 -Dec12

2.2000

1.270

6.929%

1.2373

Industrial

Starhill

1H – Dec12

3.5873

1.130

6.349%

1.1165

Diversified

Al-AQAR Healthcare

2H – Dec12

4.5400

1.340

5.821%

1.1000

Plantation

Sunway

Q2 – Dec12

2.1900

1.550

5.652%

1.0964

Diversified

Al-Hadharah

2H – Dec12

5.5000

1.870

5.348%

1.8275

Diversified

Pavilion

2H – Dec12

3.5100

1.480

4.743%

1.0975

Malls

IGB REIT

FY12 – IPO

6.3800

1.360

4.691%

1.0247

Malls

CMMT

2H – Dec12

4.2400

1.850

4.584%

1.1547

Malls

Last Updated : 31-Jan-13

Notes

  • Sunway : DPU Payout = 2.19sen (Q2 – Dec) + 0.83 sen (Advance for 1-Jan-13 to 13-Feb-13)
  • Al-Aqar KPJ : Yield Uses 2H12 DPU = 4.54 sen + 1H12 DPU = 3.26 sen as it is Observed that 2H DPU > 1H DPU
  • Tower : Yield Uses 1H12 DPU = 5.48 sen + 2H12 DPU = 6.04 sen
  • Al-Hadharah : Yield Uses 2H12 DPU = 5.5 sen + 1H12 DPU = 4.5 sen as it is Observed that 2H DPU > 1H DPU
  • AmFirst : Yield Uses 2H12 DPU = 4.83 sen + 1H13 DPU = 3.13 sen as it is Observed that 2H DPU > 1H DPU
  • IGB REIT : DPU = 6.38 sen (IPO FY12 Forecast)
  • 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)

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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