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Al-Aqar REIT sells Bukit Mertajam asset below cost for RM12m

Al-Aqar Healthcare Real Estate Investment Trust (Al-Aqar REIT) (KL:ALAQAR) is expected to record a disposal loss from its planned divestment of non-performing property in Bukit Mertajam, Penang, for RM12 million—below both its market value and original investment cost.