1. Introduction
The Board of Directors of JLG REIT Managers Sdn. Bhd., the management company of Al-'Aqar Healthcare Real Estate Investment Trust ("Al-'Aqar" or "the REIT"), wishes to announce that AmanahRaya Trustees Berhad, the trustee of Al-'Aqar, has carried out a revaluation on the investment properties of Al-'Aqar.
2. Purpose of Revaluation
The revaluation was undertaken in compliance with Paragraph 10.02(b)(i) of the Guidelines on Listed REITs issued by the Securities Commission Malaysia, which requires revaluation of properties at least once every financial year.
3. Summary of Revaluation
The revaluation resulted in a net deficit of approximately RM6.4 million after taking into account capital expenditure, foreign exchange differences and accrued rental income.
4. Effect on NAV
The NAV per unit of Al-'Aqar, before income distribution, is RM1.2504 based on the unaudited financial results for the financial year ended 31 December 2025.
5. Documents Available for Inspection
The valuation reports are available for inspection at the management office of the Manager for a period of three (3) months from the date of this announcement.
This announcement is dated 2 April 2026.