Yay, you are back.

Target price at RM1.38? Are you sure? Pavillion did that within a short amount of time but their assets are quite stable.

Yes, u missed it. but you can buy on 9/29 at 9am, code 5269

Nvr too late coz u can buy from market on 29/9

My fren , listen the JCORP's ( Goverment GLC) President >>

Johor Corp president and chief executive Kamaruzzaman Abu Kassim had earlier said Al-Salam REIT aimed to double its asset value to about MYR2 billion in the next two years from MYR900mil currently.


After all , Mercurity Securities has given an endorsement of RM 1.20 as fairvalue !!

## Analyst SURE ANGPOW >> RM 1.38 ( 15 % above Mercury's RM 1.20 )

JCORP'S AL SALAM IS BACK with SOLID ASSET & STEADY INCOME $$$$$$$



This post has been edited by SURE ANGPOW: Sep 25 2015, 03:02 PM

if kena 1st price must thanks JCorp

Thank will get my chip ready

NVM la.. Sharing is caring....

surely I will be arrested under Johore islamic Code when handing the 4D Magnum cheque to JCORP CEO -

2 years suffering liao in prison

cehhhhhhh....

only "donation" lor

Wow wow, okay. Will consider that as my investment. My REIT pick is still KLCCSS and PAVREIT so it could add in to my positions.

many in jovial mode now....can't wait on the JOVIAL DAY 29Sept, 2015

with the SO GOOD ENDORSEMENT from all the IB & Broking Firms - even as high as RM 1.20 ( Mercury Securities )....!

Special thanks for J Corp too - for given preference & Caring to 'POOR & NEEDY ' retailers as a social obligation by the GLC !

It's like another 'BRIM' from the governmnet too...

Since most of the REIT now hovering around RM 1.50 with solid stream of incomes , ...better keep this Al Salam >>

GROW with AL SALAM for more $$$$$ ahead .......

after all >> JCORP'S AL SALAM IS BACK with SOLID ASSET & STEADY INCOME $$$$$$$$

## Sure Angpow , DBA

nice

I can feel the heat now...

This would be the second REIT listing for the state investment arm, the first being Al-Aqar Healthcare REIT. This would also be the fourth REIT based on syariah principles. The other syariah-compliant REITs are Axis REIT and KLCC REIT.

The yields of the Axis, Al-Aqar and KLCC REITs are about 5.23%, 6.49% and 4.79%, respectively.

M&A Securities, which recently released a report on the REIT’s impending initial public offering (IPO), Al-Salam would be backed by JCorp’s large pool of assets.

The research house noted that JCorp would inject RM300mil to RM400mil into Al-Salam from financial year ending Dec 31, 2016 (FY16) onwards. This would double the REIT’s asset base to RM2bil in two to three years, from the current RM903.1mil.

Assets that could be injected into the REIT include Menara JCorp, Menara 238, Menara VSQ, Galleria@Kotaraya and other properties owned by JCorp’s food and restaurant business, QSR Brands (M) Holdings Sdn Bhd.

According to the prospectus, as at June 1, Al-Salam’s properties enjoyed an overall occupancy rate of approximately 94%.

SO GOOOOOOOOOOOOOOOD >> $$$$$$$$$$$

Make sure you around 29Sept2015 9am ok? Do not disappear! Else we give you title PONDAN SURE_ANGPOW!

wattt ...Pondan Sure Angpow ?....

what a joke , BABY !

promised....I will be here for sure when the JCORP Chairman KNOCKS the GONG....@ 9 AM

RM 1.38 is the Fair Value @ TP

Mercury Securities ENDORSED with RM 1.20 FAIR VALUE !


## JCORP'S AL SALAM IS BACK with SOLID ASSET & STEADY INCOME $$$$$$$$

## Sure Angpow , DBA



This post has been edited by SURE ANGPOW: Sep 27 2015, 07:39 AM

Shares will b credited into CDS on 28/9 (tbc)

In terms of market cap @ 25/9, it ranks # 11 (out of 17) n sandwiched between:-
#9 Uoareit @ 663mil
#10 Hektar @ 608 mil
#12 Amfirst @ 545 mil
#13 Arreit @ 484 mil

The properties look a little old and scattered to me though.

Tomorrow right? Today not yet!