NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AL-'AQAR HEALTHCARE REIT ("AL-'AQAR" OR "REIT") PROPOSED PRIVATE PLACEMENT OF UP TO RM50 MILLION UNITS IN AL-'AQAR ("PROPOSED PRIVATE PLACEMENT")

AL-`AQAR HEALTHCARE REIT

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
AL-'AQAR HEALTHCARE REIT ("AL-'AQAR" OR "REIT")

PROPOSED PRIVATE PLACEMENT OF UP TO RM50 MILLION UNITS IN AL-'AQAR ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Damansara REIT Managers Sdn Berhad, the management company of Al-'Aqar, AmInvestment Bank Berhad wishes to announce that Al-'Aqar is proposing to undertake a private placement of such number of units in Al-'Aqar to raise gross proceeds of up to RM50 million. Please refer to the attached announcement for further details.






Announcement Info

Company Name AL-`AQAR HEALTHCARE REIT
Stock Name ALAQAR
Date Announced 27 Oct 2020
Category General Announcement for PLC
Reference Number GA1-27102020-00017


Please refer attachment below.

  1. Announcement (Final).pdf