ALAQAR

1.200

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AL-`AQAR HEALTHCARE REAL ESTATE INVESTMENT TRUST ("AL-AQAR REIT") PROPOSED DISPOSAL OF A PURPOSE-BUILT SIX-STOREY BUILDING WITH A BASEMENT LEVEL OPERATED AS "KPJ HEALTHCARE COLLEGE, PENANG" BY AMANAHRAYA TRUSTEES BERHAD, ACTING AS THE TRUSTEE OF AL-AQAR REIT ("TRUSTEE" OR THE "VENDOR") FOR A TOTAL CASH CONSIDERATION OF RM12.00 MILLION ("PROPOSED DISPOSAL")

AL-'AQAR HEALTHCARE REIT

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
AL-`AQAR HEALTHCARE REAL ESTATE INVESTMENT TRUST ("AL-AQAR REIT") 

PROPOSED DISPOSAL OF A PURPOSE-BUILT SIX-STOREY BUILDING WITH A BASEMENT LEVEL OPERATED AS "KPJ HEALTHCARE COLLEGE, PENANG" BY AMANAHRAYA TRUSTEES BERHAD, ACTING AS THE TRUSTEE OF AL-AQAR REIT ("TRUSTEE" OR THE "VENDOR") FOR A TOTAL CASH CONSIDERATION OF RM12.00 MILLION ("PROPOSED DISPOSAL")

We refer to the previous announcements dated 4 December 2025 and 10 March 2026 in relation to the Disposal ("previous announcements"). Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

 

On behalf of the Board, UOBKH wishes to announce that the last of the Conditions Precedent set out in the SPA has been fulfilled on 14 May 2026 in accordance with the terms and conditions contained in the SPA, resulting in the SPA becoming unconditional on even date.

 

This announcement is dated 14 May 2026.

 



Announcement Info

Company Name AL-'AQAR HEALTHCARE REIT
Stock Name ALAQAR
Date Announced 14 May 2026
Category General Announcement for PLC
Reference Number GA1-14052026-00059


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