KUALA LUMPUR: Al-Hadharah Boustead REIT, one of four Islamic real estate investment trusts on Malaysia's stock exchange, will be delisted on Wednesday ahead of a bigger initial public offer of shares planned by its main shareholder.
Al-Hadharah, which manages 12 plantation assets worth RM1.2bil ($363 million), will delist after its units were thinly traded and the company found it difficult to maintain dividend yields.
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