$ALAQAR / 5116 (AL-`AQAR HEALTHCARE REIT)
Research by MIDF
Neutral (Maintain) – Target Price RM1.25

“Stable Outlook Intact”

KEY INVESTMENT HIGHLIGHTS
• Al-‘Aqar Healthcare REIT results briefing
• Organic growth from lease renewal
• Islamic financing cost stabilised
• Double portfolio size to RM3b by 2028
• Maintain NEUTRAL with an unchanged TP of RM1.25

Analyst
Jessica Low Jze Tieng
jessica.low@midf.com.my