Investor Relations

KPJ Healthcare Berhad (KPJ) is one of the leading private healthcare providers in the region with a network of 29 hospitals in Malaysia, 1 hospital in Thailand, 1 hospital in Bangladesh and 4 retirement and aged care facilities in Kuala Lumpur, Sibu, Pahang and in Brisbane, Australia. With more than 3,500 operating beds, KPJ hospitals offer a comprehensive range of specialist medical services that treated more than 3 million patients in 2022.

Bursa Announcements

KPJ Healthcare Berhad ("KPJ" Or The "Company")

BackMar 30, 2009

General Announcement

Reference No MB-090330-59327

Submitting Merchant Bank	:	AMINVESTMENT BANK BERHAD
Company Name	:	KPJ HEALTHCARE BERHAD
Stock Name	:	KPJ
Date Announced	:	30/03/2009

Type

Announcement

Subject

KPJ HEALTHCARE BERHAD ("KPJ" OR THE "COMPANY")

Contents

PROPOSED DISPOSAL BY THE SUBSIDIARIES OF KPJ HEALTHCARE BERHAD ("KPJ") OF THEIR INTERESTS IN:-

- SEREMBAN SPECIALIST HOSPITAL BUILDING;
- TAIPING MEDICAL CENTRE BUILDING;
- DAMAI SPECIALIST HOSPITAL BUILDING;
- BUKIT MERTAJAM SPECIALIST HOSPITAL BUILDING;
- KPJ PENANG SPECIALIST HOSPITAL BUILDING;
- TAWAKAL HOSPITAL EXISTING BUILDING;
- KPJ TAWAKAL SPECIALIST HOSPITAL BUILDING; AND
- KPJ INTERNATIONAL COLLEGE OF NURSING AND HEALTH SCIENCES BUILDING (FORMERLY KNOWN AS PNC INTERNATIONAL COLLEGE OF NURSING AND HEALTH SCIENCES BUILDING) ("KPJIC BUILDING")

TO AL-`AQAR KPJ REIT ("AL-`AQAR") FOR A TOTAL SALE CONSIDERATION OF RM292,500,000 TO BE SATISFIED PARTLY BY CASH CONSIDERATION OF RM175,626,250 AND PARTLY BY THE ISSUANCE OF 123,025,000 NEW UNITS IN AL-`AQAR AT AN ISSUE PRICE OF RM0.95 PER UNIT ("PROPOSED DISPOSALS")

Announcement Details :

This announcement is dated 30 March 2009.

We refer to the announcements dated 19 August 2008, 4 September 2008, 3 February 2009 and 25 February 2009 in respect of the Proposed Disposals.

On behalf of the Board of Directors of KPJ, AmInvestment Bank Berhad, a member of AmInvestment Bank Group, wishes to announce that the solicitors for the Proposed Disposals has confirmed via their letter dated 27 March 2009 (which was received on 30 March 2009), that all the conditions precedent as provided under the separate sale and purchase agreements and supplemental letters (dated 19 August 2008 and 4 September 2008 respectively) have been fulfilled for the following properties:-

(a) Bukit Mertajam Specialist Hospital Building;
(b) Damai Specialist Hospital Building;
(c) Tawakal Hospital Existing Building; and
(d) Taiping Medical Centre Building.

The solicitors had in the same letter confirmed that all conditions precedent as provided under the letter of offer, revised letter of offer and supplemental letter (dated 18 August 2008, 4 September 2008 and 3 February 2009 respectively) have been fulfilled for KPJIC Building.