ALAQAR

1.300

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS AL-`AQAR HEALTHCARE REIT ("AL-`AQAR" OR "REIT") PROPOSED LEASE RENEWAL

AL-`AQAR HEALTHCARE REIT

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
AL-`AQAR HEALTHCARE REIT ("AL-`AQAR" OR "REIT") 

PROPOSED LEASE RENEWAL

This announcement is date 6 April 2021.

 

On behalf of the Board of Directors of Damansara REIT Managers Sdn Berhad, the manager of Al-`Aqar (“DRMSB” or the “Manager”) (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”), wishes to announce that DRMSB and AmanahRaya Trustees Berhad (“ART”) (as Trustee of Al-`Aqar) (“Trustee” or “Lessor”) on behalf of the REIT proposes to enter into 6 separate lease agreements with the subsidiaries of KPJ Healthcare Berhad (“KPJ”) to renew the lease of the Properties(“Proposed Lease Renewal”).

 

Please refer to the attachment for further details on the Proposed Lease Renewal.




Please refer attachment below.



Announcement Info

Company Name AL-`AQAR HEALTHCARE REIT
Stock Name ALAQAR
Date Announced 06 Apr 2021
Category General Announcement for PLC
Reference Number GA1-06042021-00067