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Al-'Aqar KPJ Reit - 5116(ALAQAR)

Al-'Aqar KPJ Reit - 5116 (ALAQAR)

Al-'Aqar KPJ Reit lists under Main Market of Bursa Malaysia. It has been classified in the REITs sector. The stock code uses in Bursa Malaysia is "5116" or identify by stock name of "ALAQAR".

EntitlementEx-DateLodgementPayment
Final 2.52ยข21-03-201223-03-201220-04-2012
Stock quote also available at Bursa Malaysia, The Star.
 

Al-'Aqar KPJ REIT is a Malaysian-based real estate and investment trust, established on 28 June 2006 pursuant to the execution of a Trust Deed dated 27 June 2006 between Damansara REIT Managers Sdn berhad (Manager), and AmanahRaya Trustees Berhad (Trustees). It was listed on the Main Board of Bursa Malaysia on 10 August 2006.

Al-'Aqar KPJ REIT was initially formed to own and invest in Syariah acceptable properties which comprise of KPJ Ampang Puteri Specialist Hospital Building, KPJ Damansara Specialist Hospital Building, KPJ Johor Specialist Hospital Building, KPJ Ipoh Specialist Hospital Building, Puteri Specialist Hospital Building and KPJ Selangor Specialist Hospital Building.

Second acquisition in year 2008 inclusive of Perdana Specialist Hospital Building, Kuantan Specialist Hospital Building, Sentosa Medical Centre Building, KPJ Kajang Specialist Hospital and Kedah Medical Centre Building.

Third acquisition started in year 2009 comprising of KPJ Seremban Specialist Hospital Building, Taiping Medical Centre Building, Damai Specialist Hospital Building, Bukit Mertajam Specialist Hospital Building, Tawakal Existing Building and KPJ Penang Specialist Hospital Building. Two additional properties are not hospital-related but are complementary to the health tourism industry, namely Selesa Tower and KPJ International College Complex (collectively the "Properties").

FUND OBJECTIVE

Our key objective of Al-'Aqar KPJ REIT is to provide Unitholders with stable distributions per unit with the potential for sustainable long-term growth of such distributions and Net Asset Value (NAV) per unit.

The objective is sought to be achieved by optimising the performance and enhancing the overall quality for a large and geographically diversified portfolio of Syariah-compliant real estate assets through various permissible investment and business strategies.

For the period ended 31 December 2009, the Al-'Aqar KPJ REIT has declared an income distribution of 8.10 sen per unit which is in line with the objective of providing the unitholders with a steady stream of income.

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