Al-`Aqar Healthcare REIT ("Al-`Aqar REIT")'s Islamic notes issuance programme of up to RM3.0 billion in nominal value for the issuance of senior Islamic medium-term notes ("Senior Sukuk Wakalah") and/or subordinated perpetual Islamic notes ("Perpetual Sukuk Wakalah") based on the Shariah principle of Wakalah Bi Al-Istithmar ("Sukuk Wakalah Programme"), and an Islamic commercial papers ("ICP") programme of RM300.0 million in nominal value for the issuance of ICP ("Sukuk Wakalah-ICP") based on the Shariah principle of Wakalah Bi Al-Istithmar ("ICP Programme"), subject to a combined limit of up to RM3.0 billion in aggregate in nominal value (collectively, the Sukuk Wakalah Programme and the ICP Programme are referred to as the "Sukuk Programmes") from time to time by Al-`Aqar Capital Sdn Bhd ("Issuer").
JLG REIT Managers Sdn Bhd, as the manager of Al-`Aqar REIT, is pleased to announce that the Issuer, a special purpose vehicle wholly owned by Al-`Aqar REIT via Amanahraya Trustees Berhad (as the trustee of Al-`Aqar REIT), has on 8 October 2026 lodged the Sukuk Programmes with the Securities Commission Malaysia.
The Sukuk Wakalah Programme shall have a perpetual tenure and the ICP Programme shall have a tenure of seven (7) years. The issuance of Senior Sukuk Wakalah and Perpetual Sukuk Wakalah (collectively referred to as "Sukuk Wakalah") and Sukuk Wakalah-ICP from time to time under the Sukuk Programmes may be rated and/or unrated which will be determined prior to each issuance.
The Sukuk Programmes also allow for the issuance of Sukuk Wakalah and/or Sukuk Wakalah-ICP in sustainability and/or sustainability-linked format, to be in compliance with the relevant guidelines, frameworks, principles or standards as well as the applicable framework to be established for Al-`Aqar REIT.
Proceeds raised from the issuance of Sukuk Wakalah and/or Sukuk Wakalah-ICP under the Sukuk Programmes shall be utilised by the Issuer to:
(i) advance to Al-`Aqar REIT to finance the investment activities of Al-`Aqar REIT, refinance existing and/or future Islamic financing and/or to fund the working capital and general corporate requirements of Al-`Aqar REIT;
(ii) refinance all the maturing Sukuk Wakalah and Sukuk Wakalah-ICP under the Sukuk Programmes;
(iii) fund the requisite deposit in the sukuk trustee's reimbursement account; and/or
(iv) defray all relevant expenses incurred under the Sukuk Programmes and/or the subsequent issuance of the Sukuk Wakalah and/or Sukuk Wakalah-ICP.
Maybank Investment Bank Berhad and OCBC Al-Amin Bank Berhad are the Joint Principal Advisers and Joint Lead Arrangers for the Sukuk Programmes. Maybank Islamic Berhad is the Shariah Adviser for the Sukuk Programmes.
This announcement is dated 8 October 2026.