TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AL-`AQAR HEALTHCARE REAL ESTATE INVESTMENT TRUST ("AL-AQAR REIT") PROPOSED DISPOSAL OF A PURPOSE-BUILT SIX-STOREY BUILDING WITH A BASEMENT LEVEL OPERATED AS "KPJ HEALTHCARE COLLEGE, PENANG" BY AMANAHRAYA TRUSTEES BERHAD, ACTING AS THE TRUSTEE OF AL-AQAR REIT ("TRUSTEE" OR THE "VENDOR") FOR A TOTAL CASH CONSIDERATION OF RM12.00 MILLION ("PROPOSED DISPOSAL")
| AL-'AQAR HEALTHCARE REIT |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | AL-`AQAR HEALTHCARE REAL ESTATE INVESTMENT TRUST ("AL-AQAR REIT")
PROPOSED DISPOSAL OF A PURPOSE-BUILT SIX-STOREY BUILDING WITH A BASEMENT LEVEL OPERATED AS "KPJ HEALTHCARE COLLEGE, PENANG" BY AMANAHRAYA TRUSTEES BERHAD, ACTING AS THE TRUSTEE OF AL-AQAR REIT ("TRUSTEE" OR THE "VENDOR") FOR A TOTAL CASH CONSIDERATION OF RM12.00 MILLION ("PROPOSED DISPOSAL") |
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We refer to the announcement dated 4 December 2025 in relation to the Proposed Disposal (“previous announcement”). Unless otherwise stated, the definitions set out in the previous announcement shall apply herein.
On behalf of the Board, UOBKH wishes to announce that Al-Aqar REIT and ISSB have mutually agreed to apply the automatic extension under Clause 1.1 of the SPA to extend the cut-off date to fulfil the Conditions Precedent for a further period of 3 months to 4 June 2026.
This announcement is dated 10 March 2026. |
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Announcement Info
| Company Name | AL-'AQAR HEALTHCARE REIT |
| Stock Name | ALAQAR |
| Date Announced | 10 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10032026-00055 |