Al-`Aqar Healthcare REIT Annual Report 2019

Al-`Aqar Healthcare REIT 06 FINANCIAL STATEMENT 101 Number of options over ordinary shares As of 01.01.2019 Acquired Disposed As of 31.12.2019 Related corporations - KPJ Healthcare Berhad Dato’ Amiruddin bin Abdul Satar 2,000,000 - - 2,000,000 Dr Mohd Hafetz bin Ahmad 330,000 - - 330,000 Save as disclosed above, none of the other Directors of the Manager in office at the end of the financial year had any interest in units in the Fund or shares in its related corporations during and at the end of the financial year. MANAGER’S REMUNERATION Pursuant to the Second Restated Trust Deed dated 25 November 2019, the Manager is entitled to receive from the Fund: (a) Management fee of 0.1% per annum of the gross assets value of the Fund that is below RM1,000,000,000 and 0.125% of the gross assets value of the Fund that exceeds RM1,000,000,000 calculated based on monthly accrual basis and payable monthly in arrears; (b) An acquisition fee of 1% of the acquisition price of any investment property purchased directly or indirectly by the Fund which is payable after the completion of the acquisition; and (c) A disposal fee of 0.5% of the disposal price of any investment property to be disposed directly or indirectly by the Fund which is payable upon completion of the disposal. SOFT COMMISSION During the year, the Manager did not receive any soft commission from its broker, by virtue of transactions conducted by the Fund. RESERVES AND PROVISIONS There was no material transfer to and from reserves or provisions during the financial year ended 31 December 2019. Manager’s Report For The Financial Year Ended 31 December 2019 (Continued) DIRECTORS’ INTERESTS (CONTINUED)