Al-'Aqar Healthcare REIT Company Description
Established on 10 August, 2006, and listed on the main market of Bursa Malaysia, Al- `Aqar embarked on its journey with a modest portfolio of six properties.
Over time, it has transformed into a robust entity, now encompassing an extensive portfolio of 24 properties spanning diverse segments, with a notable focus on healthcare.
This diverse segments includes 17 hospitals, four wellness/health centers, two colleges, and an aged care facility, solidifying Al-`Aqar's presence in the real estate investment trust landscape.
At the helm of Al-`Aqar's growth is Damansara REIT Managers Sdn Berhad (DRMSB), proudly serving as the fund manager.
As a wholly-owned subsidiary of Johor Corporation and supported by KPJ Healthcare Berhad, DRMSB has played a pivotal role in fostering Al-`Aqar's growth.
As at 31 December 2023, Al-`Aqar's properties value stood at RM1.64 billion and market capitalisation of RM1.04 billion.
Country | Malaysia |
Founded | 2006 |
Industry | Real Estate Investment Trusts |
CEO | Raja Nazirin Bin Raja Mohamad |
Contact Details
Address: Unit 1-19-02, Level 19, Block 1 Petaling Jaya, 46200 Malaysia | |
Phone | 60 3 7932 1692 |
Website | alaqar.com.my |
Stock Details
Ticker Symbol | ALAQAR |
Exchange | Bursa Malaysia |
Fiscal Year | January - December |
Reporting Currency | MYR |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Raja Nazirin Bin Raja Mohamad | Chief Executive Officer |
Muhammad Bin Muhammad Hanapi | Chief Financial Officer |
Suhaimi Saad | Chief Operating Officer |
Sahrin Bin Munir | Head of Investor Relations |