GENERAL MEETINGS: Outcome of Meeting

AL-'AQAR HEALTHCARE REIT

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 25 Jun 2025
Time 11:15 AM

Venue(s) 
Convention Hall 303

Persada Johor International Convention Centre

Jalan Abdullah Ibrahim

80888 Ibrahim International Business District, Johor,

Malaysia

Outcome of Meeting

The Board of Directors of JLG Reit Managers Sdn Bhd (formerly known as Damansara REIT Managers Sdn Berhad("DRMSB"), the Manager of Al-Aqar Healthcare REIT ("AL- Aqar")  is pleased to inform that the Unitholders Al Aqar had, at the Extraordinary General Meeting ("EGM") of Al Aqar held on Wednesday, 25 June 2025 approved all the 3 Ordinary Resolutions  set out in the Notice of the AGM by way of poll.

 The results of the the poll were duly validated by Sharepolls Sdn Bhd, the Independent Scrutineers appointed by JLG Reit.

Details of the results of the poll are set out below.

This announcement is dated 25 June 2025

Voting Results

1. Ordinary Resolution 1

Description 
(A)	PROPOSED ACQUISITIONS BY AMANAHRAYA TRUSTEES BERHAD ("ART" OR "TRUSTEE") (ACTING SOLELY IN ITS CAPACITY AS TRUSTEE FOR AND ON BEHALF OF AL-`AQAR), OF A NEW BUILDING FORMING PART OF KPJ AMPANG PUTERI SPECIALIST HOSPITAL ("KPJ AMPANG PUTERI NEW BUILDING") FROM AMPANG PUTERI SPECIALIST HOSPITAL SDN BHD ("APSH"), A WHOLLY-OWNED SUBSIDIARY OF KPJ HEALTHCARE BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM131,000,000 ("PROPOSED ACQUISITION OF KPJ AMPANG PUTERI NEW BUILDING"); AND
(B)	PROPOSED LEASEBACK OF KPJ AMPANG PUTERI NEW BUILDING BY THE TRUSTEE (ACTING SOLELY IN ITS CAPACITY AS TRUSTEE FOR AND ON BEHALF OF AL-`AQAR) AND JLG REIT MANAGERS SDN BHD (FORMERLY KNOWN AS DAMANSARA REIT MANAGERS SDN BERHAD) ("MANAGER") TO APSH UPON COMPLETION OF THE PROPOSED ACQUISITION OF KPJ AMPANG PUTERI NEW BUILDING ("PROPOSED LEASE OF KPJ AMPANG PUTERI NEW BUILDING").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 41 1
No. of Shares 391,872,052 20,800
% of Voted Shares 99.9947 0.0053
Result Accepted

2. Ordinary Resolution 2

Description 
(A)	PROPOSED ACQUISITIONS BY AMANAHRAYA TRUSTEES BERHAD ("ART" OR "TRUSTEE") (ACTING SOLELY IN ITS CAPACITY AS TRUSTEE FOR AND ON BEHALF OF AL-`AQAR), OF A NEW BUILDING FORMING PART OF KPJ PENANG SPECIALIST HOSPITAL ("KPJ PENANG NEW BUILDING") FROM PENANG SPECIALIST HOSPITAL SDN BHD ("PNG"), A WHOLLY-OWNED SUBSIDIARY OF KPJ HEALTHCARE BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM110,000,000 ("PROPOSED ACQUISITION OF KPJ PENANG NEW BUILDING"); AND
(B)	PROPOSED LEASEBACK OF KPJ PENANG NEW BUILDING BY THE TRUSTEE (ACTING SOLELY IN ITS CAPACITY AS TRUSTEE FOR AND ON BEHALF OF AL-`AQAR) AND JLG REIT MANAGERS SDN BHD (FORMERLY KNOWN AS DAMANSARA REIT MANAGERS SDN BERHAD) ("MANAGER") TO PNG UPON COMPLETION OF THE PROPOSED ACQUISITION OF KPJ PENANG NEW BUILDING ("PROPOSED LEASE OF KPJ PENANG NEW BUILDING").
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 1
No. of Shares 391,872,752 20,800
% of Voted Shares 99.9947 0.0053
Result Accepted

3. Ordinary Resolution 3

Description 
PROPOSED RENEWAL OF LEASE OF THE PROPERTIES BETWEEN THE SUBSIDIARIES OF KPJ WITH THE TRUSTEE AND JLG REIT MANAGERS SDN BHD (FORMERLY KNOWN AS DAMANSARA REIT MANAGERS SDN BERHAD) FOR AND ON BEHALF OF AL-`AQAR ("PROPOSED LEASE RENEWAL")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 42 1
No. of Shares 391,872,752 20,800
% of Voted Shares 99.9947 0.0053
Result Accepted





Announcement Info

Company Name AL-'AQAR HEALTHCARE REIT
Stock Name ALAQAR
Date Announced 25 Jun 2025
Category General Meeting
Reference Number GMA-24062025-00039
Corporate Action ID MY250624MEET0037


Please refer attachment below.

  1. EGM AL-AQAR.pdf