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

 

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