[ALAQAR] Acquisitions on 29-Nov-2018

Stock
[ALAQAR]: AL-AQAR HEALTHCARE REIT
Announcement Date
29-Nov-2018
Listing Date
30-Nov-2018
New Type/Class?
No
Type
Acquisitions
Details
ISSUANCE OF 7,758,620 UNITS OF AL AQAR REITS TO KPJUC TO SATISFY THE BALANCE PURCHASE PRICE BEING THE ACQUISITION BY AMANAHRAYA TRUSTEES BERHAD OF (2) PARCELS OF FREEHOLD LANDS TOGETHER WITH BUILDINGS ERECTED THEREON (PROPERTIES) FROM PUTERI NURSING COLLEGE SDN BHD (NOW KNOWN AS KPJ HEALTHCARE UNIVERSITY COLLEGE SDN BHD) (KPJUC), A WHOLLY OWNED SUBSIDIARY OF KPJ HEALTHCARE BERHAD, FOR A TOTAL CONSIDERATION OF RM77,800,000 PURSUANT TO THE SALE AND PURCHASE AGREEMENT DATED 3 OCTOBER 2014 (ACQUISITION)
No. of shared issued
7,758,620
Issue Price
Malaysian Ringgit (MYR) 1.160
Par Value
0.000
Total NOSH
735,985,088
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