ALAQAR

1.270

+0.01 (+0.8%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS AL-`AQAR HEALTHCARE REIT ("AL-`AQAR") AMENDMENT TO THE LEASE FOR THE PROPERTIES OWNED BY AL-AQAR AUSTRALIA PTY LTD IN RESPECT OF THE RENTAL RATE REVISION

AL-`AQAR HEALTHCARE REIT

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

AMENDMENT TO THE LEASE FOR THE PROPERTIES OWNED BY AL-AQAR AUSTRALIA PTY LTD IN RESPECT OF THE RENTAL RATE REVISION

On behalf of Damansara REIT Managers Sdn Berhad, the manager of Al-`Aqar, CIMB Investment Bank Berhad wishes to announce that Al Aqar Australia Pty Ltd (“Al Aqar Australia”), a wholly-owned subsidiary of Al-`Aqar, had on 15 October 2021 entered into an amendment to lease with Jeta Gardens (Qld) Pty Ltd to vary the existing lease agreement dated 25 October 2011 (including any amendment, supplemental or variation to the existing lease agreement) for the properties owned by Al Aqar Australia (“Amendment to Lease”). The Amendment to Lease is to, among others, reflect the terms of the rental rate revision in respect of the lease of the properties owned by Al Aqar Australia (“Rental Revision”).

 

Please refer to the attachment for further details on the Rental Revision.

 

This announcement is dated 15 October 2021.




Please refer attachment below.



Announcement Info

Company Name AL-`AQAR HEALTHCARE REIT
Stock Name ALAQAR
Date Announced 15 Oct 2021
Category General Announcement for PLC
Reference Number GA1-29072021-00035