TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS AL-`AQAR HEALTHCARE REIT ("AL-`AQAR") RENEWAL OF LEASE OF THE PROPERTIES BETWEEN THE SUBSIDIARIES AND ASSOCIATED COMPANY OF KPJ HEALTHCARE BERHAD WITH AMANAHRAYA TRUSTEES BERHAD AND DAMANSARA REIT MANAGERS SDN BERHAD FOR AND ON BEHALF OF AL-`AQAR ("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")

RENEWAL OF LEASE OF THE PROPERTIES BETWEEN THE SUBSIDIARIES AND ASSOCIATED COMPANY OF KPJ HEALTHCARE BERHAD WITH AMANAHRAYA TRUSTEES BERHAD AND DAMANSARA REIT MANAGERS SDN BERHAD FOR AND ON BEHALF OF AL-`AQAR ("LEASE RENEWAL")

Announcement Details/Table Section

Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the circular to unitholders of Al-`Aqar dated 8 August 2023 in relation to the Lease Renewal.

We refer to the announcement dated 27 June 2023 and to the Circular dated 8 August 2023 in relation to the Lease Renewal.

On behalf of the Board, KAF IB wishes to announce that the Conditions stated in Section 2.4(i) of the Circular have been fulfilled on 25 August 2023. As such, the Lease Agreements have been dated on even date, marking the completion of the process for the Lease Renewal. The lease arrangement pursuant to the Lease Agreements will commence on 1 October 2023.

This announcement is dated 25 August 2023.



Announcement Info

Company Name AL-`AQAR HEALTHCARE REIT
Stock Name ALAQAR
Date Announced 25 Aug 2023
Category General Announcement for PLC
Reference Number GA1-25082023-00080