ABOUT AMANAHRAYA REIT
ABOUT AMANAHRAYA REIT
AmanahRaya Real Estate Investment Trust (“AmanahRaya REIT”) was established on 10 October 2006 pursuant to the Trust Deed dated 10 October 2006 between the Manager, AmanahRaya-REIT Managers Sdn. Bhd. (“ARRM” or “Manager”) and the Trustee, CIMB Islamic Trustee Berhad (“Trustee”). It is classified as a real estate investment fund and was listed on the Main Board of Bursa Malaysia Securities Berhad on 26 February 2007. Over the last 3 years, it has disposed 2 of its properties and committed on its 3rd disposal on 9 December 2014, enabling it to return capital gains to Unitholders. As at 31 December 2014, the portfolio of AmanahRaya REIT includes 14 properties with a total book value of RM1.09 billion.
ABOUT AMANAHRAYA-REIT MANAGERS SDN. BHD.
AmanahRaya-REIT Managers Sdn. Bhd., a wholly owned subsidiary of Amanah Raya Berhad is the manager of AmanahRaya REIT. ARRM was formed on 8 May 2009 and took over the management of AmanahRaya REIT from the former manager i.e. AmanahRaya-JMF Asset Management Sdn Bhd (presently known as AmanahRaya Investment Management Sdn Bhd) on 7 September 2009 upon the registration of the Second Supplemental Deed of AmanahRaya REIT dated 27 August 2009 with the Securities Commission. As at 31 December 2014, the authorised share capital of the Manager is RM5 million and the paid-up share capital is RM1.5 million.
ARRM is principally responsible for the management of AmanahRaya REIT’s investment strategies to meet its investment objectives. Its primary activity is to manage and administer AmanahRaya REIT on behalf of the unitholders in accordance with the Trust Deed dated 10 October 2006 (as supplemented by the Supplemental Trust Deed dated 4 January 2007 and the Second Supplemental Trust Deed dated 27 August 2009) and guidelines issued by Securities Commission and Bursa Malaysia Securities Berhad. ARRM’s main role is to ensure stable and sustainable return to ARREIT unitholders.
|Fund Category||Real Estate Investment Trust|
|Fund Type||Income and Growth|
|Duration of Fund/Termination Date||The earlier of:
|Approved Fund Size||573,219,858|
|Investment Objective||To provide unitholders with stable distributions per unit with the potential for sustainable long-term growth of such distributions and the NAV per unit.|
|Revaluation Policy||The investment properties shall be revalued at least once every 3 years by the registered independent valuers.|
|Financial Year End||31 December|
|Listing||Main Market of Bursa Malaysia Securities Berhad|
|Date of Listing||26 February 2007|
|Initial Public Offering Price||