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Al-’Aqar KPJ REIT Oversubscribed

Reported in The Star (3/8/06) regarding the world’s first listed ISLAMIC healthcare REIT

• THE public issue of Al-’Aqar KPJ REIT, of 15 million shares has been oversubscribed by 4.13 times. It received 9,941 applications worth over RM73.1 million as against the issue size of RM14.3 million, MIDF Consultancy and Corporate Services Sdn Bhd said in a statement yesterday.
• The retail price of the share was 95 sen.
•  For the Bumiputera portion, 4,801 applications for 20.8 million shares were received, which represents an oversubscription rate of 3.63 times.
•  The 165 million shares made available for private placement have been fully placed out.

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August 4, 2006   Posted in: Activity-Based Costing

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