Al-'Aqar Healthcare REIT (KLSE: ALAQAR)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
1.360
+0.030 (2.26%)
At close: Oct 11, 2024

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.

Al-'Aqar Healthcare REIT
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